While a sales tax is paid in full by the consumer at the point of sale, a value-added tax is collected as the product moves ...

Since the 1960s, tariffs — or import taxes — have emerged from negotiations between dozens of countries. Trump wants to seize ...

Over $600 billion in European goods were imported by the U.S. last year. New tariffs from President Trump will likely hit ...

Treasury Secretary Scott Bessent defended President Trump’s recent decision to study the proposed reciprocal tariffs instead ...

South Korea will thoroughly review non-tariff barriers and other vulnerabilities to respond to a U.S. plan to introduce ...

I’ve decided for purposes of fairness that I will charge a reciprocal tariff,” Trump said in the Oval Office at the ...

American President Donald Trump has announced imposing reciprocal tariffs on its major trading partners including China that ...

A new plan signed by President Donald Trump is ushering in more uncertainty surrounding tariffs, and the potential impact on ...

President Trump calls for reciprocal tariffs to counter what he has described as "unfair and unbalanced" practices with ...

President Trump on Thursday signed a presidential memorandum proposing reciprocal tariffs that he maintains will crack down on unfair and discriminatory tariffs from both adversaries and allies. The ...

President Donald Trump is calling for new tariffs to match those imposed by other countries on U.S. goods, arguing that America is being treated unfairly. While some nations do have higher tariffs ...

Some local businesses have prepared for the possibility of material price hikes. President Donald Trump has planned to impose ...