United States President Donald Trump Wednesday imposed sweeping reciprocal tariffs on the US’s trading partners. Trump has imposed a 10% baseline tariff on goods from most countries being imported ...

Derived from the Latin term meaning “according to value,” an ad valorem tariff is a tax imposed on goods based on their value rather than their quantity or weight. This type of tariff is commonly used ...

During a press conference on Wednesday, US President Donald Trump announced plans to put a 100% tariff on semiconductors – a key component of digital cameras as well as other electronics. The ...

In his Rose Garden announcement of sweeping new “reciprocal tariffs,” President Donald Trump held aloft a misleading chart that claimed to give a breakdown of the tariffs other countries charge the ...

TAIPEI (Taiwan News) — The Office of Trade Negotiations confirmed Friday that Taiwan’s tariff on US imports is calculated by adding a 20% tariff to the original most favored nation (MFN) rate. The ...