President Trump is an avowed supporter of tariffs, but many experts say such trade measures can boost inflation.
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 ...
This creates a restriction on competition and increases prices for consumers. An import quota is a restriction placed on the amount of a particular good that can be imported. This sort of barrier ...
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 ...
Smaller refineries, especially those without or are short of crude oil import quotas, source for fuel oil as a feedstock to produce higher-value transportation fuels. A slowdown in China's imports ...
Aluminum rose in London as the European Union readied a proposal to gradually ban imports of the metal from Russia.