Put simply, a tariff is a tax placed on the cost of importing or exporting goods by a certain country. A 60% tariff on Chinese imports would therefore be a 60% tax on the cost to import, say, computer ...
President Trump’s tariffs on Canada, China and Mexico could upend U.S. trade. These nine charts show what’s at stake, what ...
If they take effect ... goods. While Mr. Trump acknowledged on Sunday that his new tariffs could cause “some pain,” he has insisted that they will not substantially increase prices for ...
Sharp, rapid swings in the price of oil can have outsize effects on companies, economies, and global geopolitics. Oil price spikes can stunt economic growth, for example, and a sudden price plunge ...
It'll take time for Trump's tariffs to be implemented, but goods could still start getting more expensive in the meantime.
A central issue for retailers is that shoppers are unlikely to distinguish between levies on imported goods and other factors that could affect prices, one food economist said.