So, the U.S. imports more and exports less, “The likely effect of all of that is a bigger U.S. trade deficit,” Obstfeld said.

President Trump has long wanted to rework world trade. The tariffs set to go into effect next week will carry out that plan.

By keeping inventory in bonded warehouses or foreign trade zones, importers were able to hedge the tariff rate they ...

President Donald Trump’s tariff policies create conundrums that challenge his other stated goals of winning the AI race, ...

Canadian foreign minister Anita Anand and Finance Minister François-Philippe Champagne will visit Mexico this week to advance ...

Schuylkill County is applying to join the regional Foreign Trade Zone, a move that would allow some local businesses to defer, reduce or eliminate their customs duties and other tariffs or taxes.

President Donald Trump’s tariff policies create conundrums that challenge his other stated goals of winning the AI race, ...

Finance Minister François-Philippe Champagne confirmed Monday that he and Foreign Affairs Minister Anita Anand will be ...

U.S. appeals court judges sharply questioned on Thursday whether President Donald Trump's tariffs were justified by the ...

President Donald Trump may have gotten his way with tariffs on some countries, but his overhaul of American trade policy has ...

The U.S.-EU trade agreement imposes 15 percent tariffs on most European imports, avoiding the 30 percent levies that ...

U.S. Trade Representative Jamieson Greer said in an interview set to air Sunday that President Trump’s newly announced tariff ...