In a Q&A, Brown University Professor of Economics Şebnem Kalemli-Özcan discussed how the new presidential administration’s ...

How much do you pay for gasoline? Guacamole? Flowers? Prices on those products and more could go up soon as this weekend if ...

The tariffs proposed by President-elect Donald Trump will likely lead to higher prices – and inflation – for consumers.

What to know as President Donald Trump imposes steep new tariffs on imports from Canada, Mexico and China, prompting ...

President Donald Trump says he will impose his tariffs over the weekend, gambling that taxing American companies for imported goods will ultimately punish the countries that make stuff Americans want ...

Trump will have to convince Americans that prices won’t go up under his tariff regime, and that tariffs will be good for the ...

Agricultural products: Many countries impose ad valorem tariffs on imported agricultural goods, such as fruits, vegetables, and dairy products. For example, a 15% tariff on imported cheese valued ...

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 ...