Duties and tariffs are different types of fees imposed on goods entering a country to generate revenue for the government or protect domestic industries. Duties are based on specific product ...

According to Reuters, Trump proposed a 10% tariff on all U.S. imports and a 60% levy on Chinese-made products.

And varied types of politics may be involved in the ... “It is not as though the United States can impose tariffs upon its neighbors with impunity” for its own economy.

one of its highest policy priorities could have a profound impact on consumers’ wallets. Based on what’s known so far about President-Elect Donald Trump’s plan to raise tariffs on all ...