US President Donald Trump has introduced a new 10% global tariff rate after the Supreme Court ruled that the majority of tariffs he introduced in 2025 were illegal. Trump argues that his import taxes ...

Sweeping and long-awaited tariffs took effect after midnight Thursday, raising import taxes on merchandise from dozens of countries as part of President Donald Trump’s efforts to overhaul global trade ...

How tariffs work A tariff is a customs duty, or tax, levied on goods and services that are imported or exported. In the past, tariffs were used by countries primarily as a way to bring in revenue for ...

For example, in the Nov. 14 episode of “Derisky Business,” a podcast about economic security issues related to national security and foreign policy, Emily Kilcrease, director of the Energy, Economics ...