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 ...

Trump signed a memo calling on his administration to determine "the equivalent of a reciprocal tariff with respect to each ...

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

European Commission President Ursula von der Leyen said during the Munich security conference Friday the European Union will ...

South Korea will thoroughly review non-tariff barriers and other vulnerabilities to respond to a U.S. plan to introduce ...

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

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 ...

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 ...

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