The world's two biggest economies are on the brink of an economically destructive trade war. Here's what experts think could ...

President Trump recently instituted new tariffs on two allies and one adversary: 25% on goods from Mexico and Canada and 10% on China. Many are concerned that the tariffs will raise prices for U.S.

Here’s how present events are mirroring a key point in U.S. history that led to a trade war and exacerbated the Great ...

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

From 1861 to 1890s, high tariffs dominated as the source of federal government revenue under Republican-led protectionism ...