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 by governments to regulate imports, protect ...

U.S. allies and partners like the U.K. and the European Union facing higher tariffs but countries like Brazil, China and India get a reprieve.

The US Supreme Court ruled against the tariffs imposed by Trump under IEEPA. Based on the financial world’s initial reaction, the effects will be relatively minor. Read more

President Donald Trump on Saturday said that he was hiking his newly-announced global tariff to 15%, less than one day after announcing a 10% worldwide duty

Yes, you’ll most likely have to pay a tariff. If you received the bowl or it was already processed by Customs and Border Protection before Feb. 24, you will owe the tariffs that the Supreme Court just ruled against. After that, you’ll have to pay the new tariff.

Donald Trump has introduced tariffs on goods coming into the US from most countries around the world. The US president argues that the taxes will boost domestic manufacturing and create jobs. But critics have warned of higher prices for consumers and ...

WASHINGTON, DC - MARCH 26: U.S. President Donald Trump displays a signed an executive order in the Oval Office of the White House on March 26, 2025 in Washington, DC. President Trump announced 25% tariffs on all foreign-made cars. (Photo by Win McNamee ...

President Trump called the Supreme Court's decision on tariffs an "unfortunate ruling" during his State of the Union address.