No matter where you doom-scroll, your news feed is most likely filled with tariff talk and the ramifications of the resulting trade war. However, in all the noise, it’s easy to get lost in the ...
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How do tariffs work?
Tariffs are taxes a government puts on goods and services that come from other countries. You can think of a tariff as an extra fee added at the border, which makes imported products more expensive.
President Donald Trump has imposed tariffs on $2.2 trillion worth of imported goods, claiming they protect domestic producers. Ironically, American small businesses are among those bearing the ...
We’ll explain how tariffs work, what Trump has proposed and what experts say about it, and what happened during Trump’s first term. Tariffs or customs duties are a tax on products purchased from ...
Trump calls his tariffs an economic “miracle.” This explainer shows how tariffs actually work, how they affect daily life, ...
New research shows that Americans pay almost all of the cost of U.S. tariffs rather than foreign exporters. The study analyzed millions of shipment records across recent years to track how tariff ...
Rising prices have been top of mind for consumers for several years, especially coming off the high inflation after the pandemic. Now, rising global tensions in 2025, including new tariffs, are ...
When President Donald Trump unveiled his administration's sweeping “Liberation Day” tariffs last April, pundits on both sides of the aisle responded by describing the likely effects in superlatives.
However, economic experts have predicted that Trump’s proposals also would raise costs for Americans and reduce the country’s economic growth. We’ll explain how tariffs work, what Trump has proposed ...
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