US President Donald Trump has introduced a new 10% global tariff rate after the Supreme Court ruled that the majority of tariffs he introduced in 2025 were illegal. Trump argues that his import taxes ...
Hosted on MSN

How do tariffs work?

Tariffs are taxes a government puts on goods and services that come from other countries. You can think of a tariff as an extra fee added at the border, which makes imported products more expensive.
US President Donald Trump speaks during a press conference at the White House, Washington, D.C., US on February 20, 2026. Kyle Mazza/Anadolu via Getty Images (NEW YORK) — President Donald Trump rushed ...
President Donald Trump’s 15% tariff on imports from nearly every country on Earth may sound tough, but it reflects a basic misunderstanding of economics. Tariffs are not paid by foreign governments.
How are tariffs – and the threat of higher tariffs – going to affect grocery prices in the United States? It depends, those in the food industry say. The United States produces and manufactures a lot ...
When the U.S. Supreme Court ruled that the administration’s tariffs were unlawful, it resolved a constitutional question. What it did not resolve is how to unwind the economic damage. Gov. JB Pritzker ...
The Better Business Bureau (BBB) is receiving an influx of reports regarding tariff-related scams. Among them: Some unscrupulous sellers fail to send products to customers, then cite tariffs for ...
See more of our trusted coverage when you search. Prefer Newsweek on Google to see more of our trusted coverage when you search. President Donald Trump’s new global tariffs took effect early Tuesday ...
A headline from Bloomberg on Thursday was indicative of legacy media’s response to new trade data released by the Commerce Department. It declared, “U.S Notches One of Its Biggest Annual Trade Gaps ...
When the U.S. Supreme Court ruled that the administration’s tariffs were unlawful, it resolved a constitutional question. What it did not resolve is how to unwind the economic damage. Gov. JB Pritzker ...