The administration has not identified all the alleged barriers of its partners, as Trump claimed, but only divides the trade deficit of each country by the total of imports.. When on Wednesday ...

United States President Donald Trump Wednesday imposed sweeping reciprocal tariffs on the US’s trading partners. Trump has imposed a 10% baseline tariff on goods from most countries being imported ...

Trump’s tariff press conference included tariff rates charged to the United States that are significantly higher than most calculations. For example, Trump said China is charging 67% tariffs on the ...

In his Rose Garden announcement of sweeping new “reciprocal tariffs,” President Donald Trump held aloft a misleading chart that claimed to give a breakdown of the tariffs other countries charge the ...

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 ...