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 commonly used ...

The United States announced new, higher tariff rates this year. Tariffs can affect supply chains, investment, and firms’ input costs, resulting in supply-side effects such as higher inflation and ...

Earlier this year, President Donald J. Trump imposed sweeping tariffs on food imports, branding the move “Liberation Day” and framing it as an effort to bolster U.S. self-sufficiency. In the April 2, ...

It is walking back levies on imports including beef and coffee in what critics say is an admission that tariffs raised prices in the first place. By Ana Swanson Ana Swanson covers international trade ...

Economists and state officials have raised concerns that tariffs hurt the consumer, largely due to many imported goods ...

If you bought a nice, imported bottle of wine recently, there’s a better than 90% chance it entered the United States only after the importer paid a tariff, probably about 15%. That six-pack of ...

Millions of American consumers have been waiting for President Donald Trump’s tariffs to spark a dramatic rise in consumer prices, pushing the inflation rate into the red zone. They’re still waiting.