Tariffs typically come in the form of taxes or duties levied on importers, and they're eventually passed on to consumers. They're commonly used in international trade as a protectionist measure.

Although tariffs are a bane to most economists, they are a widely used as a tool for regulating international trade and for shielding domestic industries from foreign competition. At the simplest ...

Tariffs can also be used to “punish” a foreign producer of goods for not abiding by international trade practices. In 2018, ...

Here’s how current events are mirroring a key point in U.S. history that led to a trade war and exacerbated the Great ...