One reason governments use tariffs is to protect domestic industries. However, tariffs can have downsides, including reducing the purchasing power of consumers.

Reuters] Toy making giant Mattel says it may increase its prices in the US to make up for the impact of tariffs imposed by ...

While President Donald Trump campaigned on a pledge to lower fuel prices, energy experts predicted that his pending tariffs ...

A controversial campaign pledge to enact big, universal tariffs that would transform the global-trade system and usher in ...

If all of President Donald Trump's tariffs are implemented, it could create a trade war with back-and-forth retaliatory tariffs, which might raise consumer costs and unemployment rates.

When Donald Trump started the biggest trade war since the 1930s in his first term, his impulsive combination of threats and ...

The dollar tumbled Tuesday as trade worries eased after the US delayed a 25% tariff on goods from Canada late Monday. Also, ...

The White House has released a list of USAID programs its considers wasteful and that it says abused taxpayer funds by backing programs that supported DEI initiatives.

Officials have made it clear that with jobs and companies dependent on the relationship between the United States and Europe, ...

Reuters.com is your online source for the latest news stories and current events, ensuring our readers up to date with any ...

The dollar is under pressure today as trade worries eased after the US delayed a 25% tariff on goods from Canada late Monday.

After China announced retaliatory tariffs against the United States, walkers along Shanghai's waterfront were stoic Tuesday ...