A reciprocal tariff is a tax or trade limit that one country imposes on another as a reaction to similar measures from that country. The purpose of reciprocal tariffs is to maintain fairness in trade ...

Derived from the Latin term meaning “according to value,” an ad valorem tariff is a tax imposed on goods based on their value rather than their quantity or weight. This type of tariff is ...

Agricultural products: Many countries impose ad valorem tariffs on imported agricultural goods, such as fruits, vegetables, and dairy products. For example, a 15% tariff on imported cheese valued ...

The Constitution doesn't give presidents the power to impose tariffs. But Trump is taking advantage of several loopholes ...

President Donald Trump’s more broad definition of reciprocal tariffs unveiled last week likely exposes most Asian economies ...

Derived from the Latin term meaning “according to value,” an ad valorem tariff is a tax imposed on goods based on their value rather than their quantity or weight. This type of tariff is commonly used ...

China immediately retaliated with tariffs on some energy and metals imports. The definition of a tariff is fairly straightforward — it’s a tax on goods coming from another country. They are ...

Trump is talking about tariffs on foreign goods on a scale not seen for 90 years, and that did not work well for the US ...

On February 14, 2025, two federal registrar notices, including Annex I, were published, providing details on “derivative articles” that fall ...

Behind the Tariff Act of 1930, the current trade war is the second broadest over the last century, Tax Foundation Senior ...

With President Donald Trump in office, American investors are preparing for policy changes they could face under the new administration. One of the policy centerpieces of Trump's first term was ...