President Trump is an avowed supporter of tariffs, but many experts say such trade measures can boost inflation.

Tariffs are in the news at the moment. But what are they? Tariffs are typically charged as a percentage of the price a buyer ...

A tariff is a tax on imported goods usually aimed at protecting local jobs and industries from foreign competition. The idea is that if foreign materials and products are more expensive ...

A survey conducted by market research specialist Ipsos in December 2024 shows that more than half of all polled U.S. adults ...

Derived from the Latin term meaning “according to value,” an ad valorem tariff is a tax imposed on goods based on their value ...

Countries around the world have long used tariffs, a tax on imports, to prop up homegrown industries by inducing citizens to buy goods produced domestically. After World War II, however ...

Derived from the Latin term meaning “according to value,” an ad valorem tariff is a tax imposed on goods based on their value rather than their quantity or weight. This type of tariff is ...

Agricultural products: Many countries impose ad valorem tariffs on imported agricultural goods, such as fruits, vegetables, and dairy products. For example, a 15% tariff on imported cheese valued ...