Tariffs are in the news at the moment. But what are they? Tariffs are typically charged as a percentage of the price a buyer ...

Duties are based on specific product characteristics and are generally permanent and set by international trade agreements. Tariffs, on the other hand, cover a broader category of taxes or ...

After a Sunday full of exchanged threats over migrants and tariffs, the US and Colombia have prevented a damaging trade war by reaching an agreement related to a dispute on migrant deportations.

Just hours after his inauguration on January 20, 2025, President Donald Trump issued a memorandum ordering federal agencies to conduct a ...

US avoids trade war with Colombia after the two countries came to an agreement late Sunday over migrant deportations.

Duties can also vary depending on trade agreements or the country of ... such as quotas or embargoes. General Ways Duties and Tariffs Could Affect the Economy Duties and tariffs play a key role ...

Tariffs can be lower for countries with which the United States has trade agreements. For example, most goods can move among the United States, Mexico and Canada tariff-free because of Trump’s ...