Tariffs are in the news at the moment. But what are they? Tariffs are typically charged as a percentage of the price a buyer ...
One of the policy centerpieces of Trump's first term in office was his trade war, including tariffs on imported goods from China and other countries. In 2025, many of the tariffs Trump imposed during ...
Derived from the Latin term meaning “according to value,” an ad valorem tariff is a tax imposed on goods based on their value ...
It is Donald Trump’s “most beautiful word in the dictionary”: tariff. In Canada especially, it is the word on everyone’s lips. The U.S. president-elect – who loses that softening suffix ...
By definition, a tariff is a tax applied to imported goods as they enter a country. Tariffs are intended to reduce competition for US businesses by making imported goods more expensive and ...
Agricultural products: Many countries impose ad valorem tariffs on imported agricultural goods, such as fruits, vegetables, and dairy products. For example, a 15% tariff on imported cheese valued ...