Two ways the government can address the imbalances that free trade may create at home are through import quotas and tariffs. Both policies may sound ominous, but tariffs are worse on your wallet ...

New tariffs are likely coming in Trump’s second term. While companies owe these import taxes, consumers usually foot the bill ...

Several independent refiners in China have halted operations due to rising taxes on imported feedstock, squeezing their ...

Quota-regime imports enjoy significantly lower tariff rates, while those outside of it face substantially higher tariffs, with grains subject to a 65% rate. Steady quotas expected: Typically ...

Several independent oil refineries in eastern China have halted operations, or plan to do so, for indefinite maintenance ...

China has just given a potential boost to its crude oil imports as it has issued a second batch of import quotas for 2025 to its independent refiners, trade sources told Reuters on Monday.

The most recent U.S. Department of Agriculture data show that total beef imports during the 2024 period January through November were up 24 percent compared to the same period in 2023. The largest ...

There are varying rates for imports of frozen and salted chicken meat into the British market. On specific cuts of salted meat, the in-quota tariff is 15.4% while the volume in excess engenders a ...