President Donald Trump's use of tariffs in his second term defies many historical norms, say economists and historians.
We have an income tax as opposed to a tariff in part to deal with the mind of the South in 1913—yet the income tax revenue enabled revenue-destructive tariffs.
But there’s a method behind Trump’s tariff plan. Trump has used and promised to expand tariffs for three primary purposes: to raise revenue, to bring trade into balance and to bring rival countries to ...
Clearly, the tools of global trade policy are back in the hands of the master of "The Art of the Deal," but what’s less clear ...
Instead of compelling Canada to become an American state, the 1890 McKinley Tariff drove Canada into British hands.
The tariffs carry inflation risks at a time when voters are weary of high prices and fearful that price increases will ...
President Donald Trump said he will announce 25% tariffs on all steel and aluminum coming into the United States on Monday.
Since then, the U.S. has used tariffs to achieve three broad goals, said Douglas Irwin, an economics professor at Dartmouth College and past president of the Economic History Association.