This is Money explains what tariffs are, how they work and are implemented and how they could affect the cost of living, ...

Crucially, none of these measures is foolproof. If the U.S. imposes tariffs on Canada, for example, Canada may simply start trading with countries that don’t impose tariffs, cutting the U.S. out ...

China and Canada have already enacted tariffs on U.S. agricultural goods, including dairy products, but the big wild card is Mexico.

President Donald Trump plans to use tariffs in the coming days to pursue a range of disparate and sometimes conflicting goals ...

Costs are rising rapidly and might continue to do so—but that’s not the only change you should expect. We lay it out quickly ...

“Steel and aluminum is one, and also some goods imported from Canada such as lumber are very important for housing. So that ...

Trump has launched an all-out trade war. Here’s the latest on what’s happening with tariffs — and what it all means for your ...

There is no way that tariffs could replace them as a revenue source. For example, in the 2024 fiscal year, the U.S. federal government spent a total of $6.4 trillion. Yet in 2024, the United States ...

If Donald Trump appears deaf to the protests of other governments over his policies, he may still hear the voice of corporate ...

A value-added tax is a system of taxation widely used worldwide, although the United States is one of the few outliers that ...

Trump has launched an all-out trade war. Here’s the latest on what’s happening with tariffs — and what it all means for your ...