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

One reason governments use tariffs is to protect domestic industries. However, tariffs can have downsides, including reducing the purchasing power of consumers.

The most common kind of tariffs are ad valorem, which are levied as a fixed percentage of the value of the imports. There are also “specific tariffs,” which are charged as a fixed amount on ...

Tariffs could affect a variety of companies. Though the tariffs are on uncertain terrain legally, courts have been reluctant to second-guess the president's powers to implement trade policy.

A fixed fee levied on one unit of an imported good is referred to as a specific tariff. This tariff can vary according to the type of goods imported. For example, a country could levy a $15 tariff ...

A dispute has been initiated by China over new tariff measures that the United States has applied to goods originating from ...

President Donald Trump has threatened universal duties and said they'll raise money, but he is also using tariff threats as ...

But the effect on inflation tends to be relatively minor. “Tariffs affect very specific sectors of the economy, and inflation is looking at the economy as a whole,” Coon said. “The price of ...

China has reiterated its threat to take “necessary countermeasures to defend its legitimate rights and interests” following ...

“Deportations could negatively affect the supply of labor, including for the construction industry,” says Hamrick. After all, ...

While sectors like machinery and electronics could see the most volatile changes, it’s likely that everything could get more ...