Yet international trade can be a contentious political issue, both domestically and between governments. When a firm or an individual buys a good or a service produced more cheaply abroad, living ...

Gain a basic understanding of a government-sanctioned import tariff, what it is meant to accomplish and the common reasons for implementation.

As one of his first official acts as President, Trump released his memorandum on America First Trade Policy. The policy ...

Use of Tariffs to Resolve a Crisis. The Trump Administration has demonstrated a willingness to apply new tariffs to goods ...

US President Donald Trump's use of tariffs as a blunt weapon to extract concessions on everything from commerce to ...

The world's two biggest economies are on the brink of an economically destructive trade war. Here's what experts think could ...

Those countries are big international trade partners for many US states ... and to Mexico in the form of deficits" were one of the reasons for the tariffs. Karoline Leavitt, the White House ...