US President Donald Trump has rattled economies and markets with his promise of imposing punitive tariffs on the nation’s ...

The main types of trade barriers used by countries seeking a protectionist policy or as a form of retaliatory trade barriers are subsidies, standardization, tariffs, quotas, and licenses.

Tariffs are a tax imposed on goods that the U.S. imports from other nations. President Donald Trump said the U.S. would ...

President Donald Trump’s sweeping tariff threats have been touch and go. As it stands currently, the 25 percent tax on goods ...

Mexico's President Claudia Sheinbaum says a lengthy call with Donald Trump saw the pair agree to temporarily shelve a 25% US import tax on Mexican goods.

Another such type of levy are "tariff-rate quotas," which are taxes triggered by reaching a specific import threshold. For instance, this type of quota was used by the first Trump administration ...

Trump said on Thursday the "massive subsidies that we're giving to Canada and to Mexico in the form of deficits" were one of the reasons for the tariffs. Karoline Leavitt, the White House press ...

For most of U.S. history, tariffs were a solution to specific economic problems. Washington used them to raise money and to protect U.S. industries from foreign competitors. And after World War II, ...

said Wednesday that the government will include more products in its home appliance trade-in program in 2025, extending state subsidies to microwave ovens, water purifiers, dishwasher and rice ...

Speaking to reporters in the Oval Office, Trump said Thursday, that he will impose the 25 per cent tariff on both Canada and ...