President Trump is an avowed supporter of tariffs, but many experts say such trade measures can boost inflation.

One reason governments use tariffs is to protect domestic industries. However, tariffs can have downsides, including reducing the purchasing power of consumers.

Tariffs could affect a variety of companies. Though the tariffs are on uncertain terrain legally, courts have been reluctant to second-guess the president's powers to implement trade policy.

President Donald Trump’s tariff plan could take effect as early as this week, which means you could soon pay more for cars, ...

A fixed fee levied on one unit of an imported good is referred to as a specific tariff. This tariff can vary according to the type of goods imported. For example, a country could levy a $15 tariff ...

But the effect on inflation tends to be relatively minor. “Tariffs affect very specific sectors of the economy, and inflation is looking at the economy as a whole,” Coon said. “The price of ...

President Donald Trump has threatened universal duties and said they'll raise money, but he is also using tariff threats as ...

China has reiterated its threat to take “necessary countermeasures to defend its legitimate rights and interests” following ...

“Deportations could negatively affect the supply of labor, including for the construction industry,” says Hamrick. After all, ...

As Canadian officials retaliate against the Trump administration's 25% tariff with its own set of import taxes, Pangea Policy ...

While sectors like machinery and electronics could see the most volatile changes, it’s likely that everything could get more ...

He campaigned on a blanket tariff that would generate revenue and help protect American workers. But since he was elected, Trump has toyed with country-specific tariffs as a negotiating tactic or ...