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 ...

Tariffs are a central part of Trump's economic vision - he sees them as a way of growing the US economy, protecting jobs and raising tax revenue. During his election campaign, he told voters that ...

Almost every president between then and Trump has favored trade liberalization, whereas Trump is talking about taking us back to protective tariffs," Phillip Magness, a senior fellow at the ...

On the campaign trail, Trump laid out significant tariff plans. He proposed baseline tariffs of 10% to 20% on all foreign imports and up to 60% on goods from China. After winning the election in ...

(The Center Square) – President Donald Trump could take a slower, more deliberate process in establishing tariffs after promising for months that trade partners would be hit with significant ...

U.S. President-elect Donald Trump on Monday denied a newspaper report that said his aides were exploring tariff plans that would only cover critical imports, deepening uncertainty among business ...