While a sales tax is paid in full by the consumer at the point of sale, a value-added tax is collected as the product moves ...

Since the 1960s, tariffs — or import taxes — have emerged from negotiations between dozens of countries. Trump wants to seize ...

Over $600 billion in European goods were imported by the U.S. last year. New tariffs from President Trump will likely hit ...

Treasury Secretary Scott Bessent defended President Trump’s recent decision to study the proposed reciprocal tariffs instead ...

Tariffs imposed on countries that are deemed to be treating the US unfairly could ignite a global trade war and worsen ...

The president’s plan for reciprocal tariffs sounds good in theory. But there was a reason the United States abandoned the ...

A new plan signed by President Donald Trump is ushering in more uncertainty surrounding tariffs, and the potential impact on ...

President Trump on Thursday signed a presidential memorandum proposing reciprocal tariffs that he maintains will crack down on unfair and discriminatory tariffs from both adversaries and allies. The ...

President Trump calls for reciprocal tariffs to counter what he has described as "unfair and unbalanced" practices with ...

President Donald Trump is calling for new tariffs to match those imposed by other countries on U.S. goods, arguing that America is being treated unfairly. While some nations do have higher tariffs ...

A trade expert claims that Trump’s current tariff plan “reflects a fundamental misunderstanding of how the global economy ...

President Trump announced that he is directing the US Commerce Secretary and US Trade Representative to report to him by 1 ...