Mike Johnson doubts there will be ‘across-the-board tariffs’ as Trump’s trade ultimatum to Mexico, Canada looms
I think he’s going to be wise in how he does that,’ the House speaker said Monday of Trump’s warnings to America’s neighbors.
What are tariffs and how do they work?
Tariffs are typically charged as a percentage of the price a buyer pays a foreign seller. In the United States, tariffs are ...
Understanding tariffs: Who pays and how they impact both sides
In theory, the importing country collects the tariff revenue. However, the economic impact is more complex. Economists generally agree that the cost of a tariff is shared between consumers and ...
Trump imposes 25% tariffs on Colombia as deported migrant flights denied
It comes after Colombian President Gustavo Petro denied entry on Colombian soil of US military planes carrying deported ...
Tariffs will make shoe production pricier. Who will bear the cost?
Footwear groups recently warned that imposing tariffs will hurt an industry that imports 99 percent of its products. But the ...