Harvard Kennedy School international trade expert Robert Lawrence discusses what higher tariffs will mean for the United ...

The Trump administration has given a variety of reasons and mixed messages for ratcheting up the tariffs charged on goods ...

Launching a historic global trade war last Wednesday, President Donald Trump announced at least 10% tariffs for all countries with much higher rates for some countries or trading blocs. China was ...

Tariffs act as trade barriers. They increase the cost for countries to bring products into the United States. They can also be a source of revenue for governments by taxing imported goods.

Firms that sourced inputs/supplies from tariff-hit countries also expected lower revenue and employment growth this year, with expected revenue growth declining as firms' reliance on tariff-hit ...

Thus it was this last week, when White House Senior Counsellor for Trade and Manufacturing, Peter Navarro declared that the upcoming basket of Trump Tariffs would raise $6 trillion in revenue in ...

The tariffs are set to expand to applicable auto parts in the following weeks, through May 3. The White House says it expects to raise $100 billion in revenue annually from these new duties ...