Since the 1930s, the U.S. has moved away from protectionism in favor of trade liberalization. Agreements like the General ...
President Donald Trump doubled down on his extraordinary push for more balanced trade, ordering on Thursday that agencies ...
President Donald Trump’s use of tariffs in his second term defies many historical norms, say economists and historians.
The recent tariff hike in the nation’s marítime sector has been linked to the N14.260 trillion revenue targets slammed on the ...
At those ports of entry, CBP agents collect tariff revenue from the domestic businesses importing the products, which is calculated based on how the merchandise is classified and where it came ...
Those tariffs will neither be paid by foreigners nor be anywhere near sufficient to replace income-tax revenue—which is about $2 trillion annually. Instead, expect much if not all of the tariff ...
His problem: If U.S. trading partners capitulate to Trump’s policy demands, and he rewards them by withdrawing the tariffs, much of that hoped-for revenue will dry up. The question then is which ...
President Donald Trump has threatened universal duties and said they'll raise money, but he is also using tariff threats as ...
WASHINGTON, Jan 22 (Reuters) - U.S. President Donald Trump is pushing a plan to explicitly use revenue from higher tariffs on imported goods to help pay for extending trillions of dollars in tax ...
President Donald Trump is planning to impose 25% tariffs on imported automobiles as well as tariffs at a similar level on ...