What are the potential unintended consequences of trade tariffs?

A tariff or import tax is a duty imposed by a national government, customs territory, or supranational union on imports of goods and is paid by the importer ... 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 ... Average US tariffs on Chinese exports now stand at 124.1 percent. These tariffs are more than 40 times higher than before the US-China tariff war began in 2018 ... Nov 30, 2018 ... Notice: In response to the United States' decision to impose tariffs on Canadian steel and aluminum shipments, Canada intends to apply tariffs ... Oct 1, 2024 ... A tariff is a tax placed on goods when they cross national borders. The most common type is an import tariff, which taxes goods brought into a country. Feb 3, 2025 ... The new set of tariffs announced by the Trump administration represents a significant escalation in U.S. trade policy compared to previous ... His comments contrast with quieter moves inside the administration to consider phased tariff reductions and revive trade talks with Beijing—though no formal ... Apr 9, 2025 ... US President Donald Trump's tariff spree has sparked a trade war with China, setting the world's two biggest economies on a treacherous ... Apr 3, 2025 ... What is a tariff? Tariffs are border taxes charged on the import of goods from foreign countries. Importers pay them upon entry to the customs ... Oct 31, 2019 ... Following President Trump's announcement to raise tariffs on shoe imports from China, Nike recently signed a letter with U.S. manufacturers ...