What are trade wars?

Apr 7, 2025 ... On February 13, 2025, I signed a Presidential Memorandum entitled “Reciprocal Trade and Tariffs,” that directed further review of our trading ... Feb 4, 2025 ... But economists tend to view them as potentially self-defeating protectionism, hindering global trade and raising prices for the people they're ... Apr 4, 2025 ... To calculate its 'reciprocal tariffs', the Trump administration has opted for a crude formula with no basis in trade theory. Apr 23, 2025 ... Tariffs are taxes charged on goods bought from other countries. Typically, they are a percentage of a product's value. The 10% tariff on goods ... Apr 7, 2025 ... At the core of President Donald Trump's decision to impose sweeping tariffs on U.S. trading partners is a fixation on closing, ... Feb 15, 2024 ... “Non-tariff barriers” refer to trade restrictions other than official tariffs, such as administrative hurdles and levies that can impede ... Oct 10, 2024 ... If former president Trump wins back the White House, U.S. trading partners are likely to face a barrage of renewed tariff threats. Mar 10, 2025 ... Countries with high simple mean tariff rates receive a low standardized score, those with moderate tariffs receive a mid-range score, and those ... 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 ... May 9, 2023 ... So the way trading works, is that each faction has a pool of resources they produce which they can trade away to earn money. You can see this in ...