President Trump stated that heintends to impose additional tariffs on imports from the European Union. Specifically, when asked whether he is going to impose tariffs on the EU, he answered “absolutely.” In addition, he said heintends to impose tariffs on a number of other pro...
government under President Donald Trump announced sweeping new tariffs on imports from nearly all major trading partners. Trump touted April 2, 2025, as “Liberation Day” for the American economy while unveiling these reciprocal tariffs, framing them as a long-promised effort to protect U.S. [...
Imports of goods and services into the US rose 3.5% to $364.9 billion in December 2024, the highest on record, as companies rushed shipments ahead of a potential dockworkers’ strike and anticipated Trump administration tariffs. Goods imports increased $11.4 billion to $293.1 billion, due to hi...
The United States has imposed 25% tariffs on Mexico and Canada but limited the Canadian energy levy to 10%, setting off retaliatory tariffs.
Less than a month into his second term, US President Donald Trump launched a new round of trade wars, using tariffs as a weapon to advance the United States' interests. On Feb 1, Trump signed an executive order, imposing 10 percent tariffs on Chinese goods and 25 percent tariffs on Canadi...
Aggregate costs to the United States of tariffs and quotas on imports: David G. Tarr and Morris E. Morkre, (Federal Trade Commission, Washington, D.C., 1984) pp. xi + 148doi:10.1016/0022-1996(86)90053-XJohnMuttiSDOSJournal of International Economics...
with global trade data prepared by Dr. Sheng Lu, professor in the Fashion and Apparel Studies Department at the University of Delaware. Dr. Lu highlights the high cost of tariffs over the last 14 years, with U.S. fashion companies paying $11.9 billion in tariffs on apparel imports in 2024...
Exports by Country|Exports by Category|Imports by Country|Imports by Category Related US Stock Futures Extend Gains US 10-Year Yield Holds Near 4.5% Trump Delays Tariffs on Electronics, But New Levies to Come Dollar Languishes at 3-Year Lows ...
If the resolution is ultimately passed by the White House, tariffs on solar panel imports from Southeast Asia could be as high as 254%, while tariffs on affected imports are currently below double digits. But Biden finally issued a statement on May 16 local time, ultimately vetoing the resolut...
Morkre, Aggregate Costs to the US of Tariffs and Quotas on Imports, US FTC, 1984. Google Scholar J. Tumlir, Protectionism: Trade Policy in Democratic Societies (Washington, DC: American Enterprise Institute, 1985). Google Scholar J. Viner, International Economics (Glencoe, Ill.: The Free...