Tariffs are paid by domestic consumers and not the exporting country, but they have the effect of raising the relative prices of imported products. Other trade barriers include quotas, licenses ...

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

SOUTH Korea has unveiled its 2025 Economic Policy Directions, introducing revised tariff rates and import quotas on 10 types of fruits, including bananas, mango ...

Trump has also threatened to introduce tariffs - a tax on imports - on goods from Canada and Mexico, but paused these for 30 ...

U.S. President Donald Trump stated on Jan. 6, “If I hadn’t imposed massive steel tariffs, there wouldn’t be a single steel ...

Local importers are sounding the alarm over the possible trade disruptions that the delay in the issuance of this year’s ...