A protective tariff is a type of tax imposed on imported goods to make them more expensive compared to domestic products. Governments use protective tariffs to shield local industries from foreign ...

According to Telsey Advisory Group senior managing director Joe Feldman, if the proposed tariffs take effect, every retailer ...

"Tariffs are typically imposed for protection or revenue purposes," she said. "A protective tariff increases the price of imported goods relative to domestic goods, encouraging consumers to buy ...

Inflation has fallen sharply over the past two years, although it’s turned sticky lately and remains moderately above the Federal Reserve’s 2% target. Click to read.

Almost every president between then and Trump has favored trade liberalization, whereas Trump is talking about taking us back to protective tariffs," Phillip Magness, a senior fellow at the ...

The threat of more global trade tariffs could push companies into deals to shield themselves, according to one of JPMorgan Chase & Co.’s top bankers. “Those will provide a catalyst for M&A ...

President McKinley, Republican 1987 – 1901, raised protective tariffs to promote US industry. The 1890 Tariff Act increased average duties across all imports from 38% to 49.5%. Later ...

How Protective Tariffs Work Protective tariffs operate by raising the cost of imported goods through an additional tax, making those goods less competitive against domestically produced items.