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 US President Donald Trump's harsh decision to slap India with an additional 25% tariff for buying Russian oil has pushed the headline tariff rate to a punishing 50%, the actual bite is ...

Passport reports e-commerce brands can reclaim up to 99% of duties through duty drawback, crucial as tariffs rise, impacting ...

The Trump administration levied a hefty tariff on goods that are moved through other countries, but it has not yet fully explained its plans. By Lydia DePillis As President Trump’s worldwide tariffs ...

With inflation surging, the Trump Administration’s August 1 tariffs hit already reeling American businesses. This round of tariffs – touching some $1.6 trillion in goods from 90 countries – layers on ...

President Donald Trump's tariffs set off warnings from some economists fearful of a surge in prices for everyday products like sneakers, board games and tomatoes. Instead, inflation has eased since ...

Vidya Mani, who studies the economics of supply chains at the University of Virginia, said that new tariffs disrupt supply chains, which adds to inflation. Severe supply chain disruptions during the ...

For months, economists warned that the Trump administration's sweeping tariffs would sharply boost consumer prices. Here's ...