President Trump is an avowed supporter of tariffs, but many experts say such trade measures can boost inflation.
Tariffs are a type of trade barrier that makes ... This creates a restriction on competition and increases prices for consumers. An import quota is a restriction placed on the amount of a ...
SOUTH Korea has unveiled its 2025 Economic Policy Directions, introducing revised tariff rates and import quotas on 10 types of fruits, including bananas, mango ...
President Donald Trump's tariffs on America's three largest trading partners have led to questions about how tariffs work and who pays for them when goods are imported.
From unilateral tariffs to selective tariffs on specific products, the possibilities under the new Trump administration seem ...
U.S. President Donald Trump held off on his tariff threats against Mexico for one month of further negotiations after Mexican ...
HANOI: Vietnam's Ministry of Industry and Trade has announced import tariff quotas for salt and poultry eggs for 2025, aiming ...
PHILIPPINE bananas, pineapples, mangoes, grapefruits, avocados and mangosteens may be exported to South Korea duty-free in the first half of 2025, according to South Korea’s 2025 Economic Policy ...
Local importers are sounding the alarm over the possible trade disruptions that the delay in the issuance of this year’s ...
The European steel industry faces uncertainty due to potential US tariffs and anti-dumping measures, causing concern among traders and impacting steel prices.
Another such type of levy are "tariff-rate quotas," which are taxes triggered by reaching a specific import threshold. For instance, this type of quota was used by the first Trump administration ...