In today’s global marketplace, understanding tariffs is essential for merchants and aspiring entrepreneurs alike. A tariff is ...

What to know as President Donald Trump imposes steep new tariffs on imports from Canada, Mexico and China, prompting ...

Agricultural products: Many countries impose ad valorem tariffs on imported agricultural goods, such as fruits, vegetables, and dairy products. For example, a 15% tariff on imported cheese valued ...

Derived from the Latin term meaning “according to value,” an ad valorem tariff is a tax imposed on goods based on their value rather than their quantity or weight. This type of tariff is ...

Derived from the Latin term meaning “according to value,” an ad valorem tariff is a tax imposed on goods based on their value rather than their quantity or weight. This type of tariff is commonly used ...

U.S. President Donald Trump and Mexican President Claudia Sheinbaum say their planned tariffs are on hold for a month to give time for further negotiations. The statement on Monday was ...

A tariff is a tax on imported goods usually aimed at protecting local jobs and industries from foreign competition. The idea is that if foreign materials and products are more expensive ...

Subscribe to the Daily News Brief. Countries around the world have long used tariffs, a tax on imports, to prop up homegrown industries by inducing citizens to buy goods produced domestically.

Yinwei Liu / Getty Images A tariff is a type of tax levied by a country on an imported good at the border. Historically, tariffs have been used by governments to collect additional revenue.

Trump is expected to announce Saturday steep new tariffs on goods from Canada and Mexico, after pledging for months to impose import taxes on two close U.S. allies. The president has left several ...