How do trade tariffs affect international relations?

This site contains the complete text of the General Agreement on Tariffs Trade (GATT 1947) together with all the amendments which became effective since its ... Apr 3, 2025 ... Trump says the "reciprocal" tariffs are a response to barriers put on U.S. goods, while administration officials said the tariffs would create ... One of the ways governments deal with trading partners they disagree with is through tariffs. A tariff is a tax imposed by one country on the goods and services ... The authors argue that a potential explanation for this phenomenon can be found in the short-run distributional effects of import tariffs. Oct 15, 2024 ... A repeated tariff-based approach to addressing trade with China places a target on both US soybeans and corn. Farmers and rural economies pay the price as a ... Feb 1, 2025 ... These tariffs are more sweeping than any trade action we saw in the first Trump term and will impact over one trillion dollars in goods. The ... May 15, 2024 ... President Joe Biden announced that he had directed the Office of the US Trade Representative (USTR) to add or increase tariffs on a range of goods originating ... Trade and tariff data. The WTO provides quantitative information in relation to economic and trade policy issues. Its data-bases and publications provide access ... Jan 28, 2021 ... A recent study on U.S.-China trade concludes that Trump's trade policies cost the U.S. economy nearly a quarter million jobs. In the decade after the end of the First World War, the United States continued to embrace the high tariffs that had characterized its trade policy since the ...