As radical increases in US tariffs begin to redefine the country’s trading relationships, American consumers are getting a crash course in how taxes on imports work. Here are the basics.

While Trump deployed tariffs in his first term, notably against China, he ramped up his plans more significantly for the 2024 campaign, promising 60% tariffs against China and a universal 20% ...

Inflation is creeping back into the US economy and might get a lot worse in the near future, thanks to President Trump's tariffs.

A Financial Times columnist has coined the term "TACO trade," saying Trump always chickens out of his tariff orders. What is behind the viral acronym?

Predictions from mainstream economists were dire after President Donald Trump launched his tariff campaign just a couple weeks after he began his second term in office: Prices would rise ...