President Donald Trump has repeatedly threatened to dramatically expand tariffs. It’s a move that could affect trillions of ...

President Donald Trump's tariffs on America's three largest trading partners have led to questions about how tariffs work and who pays for them when goods are imported.

President Donald Trump’s sweeping tariff threats have been touch and go. As it stands currently, the 25 percent tax on goods ...

In the U.K., it's HM Revenue & Customs (HMRC ... the effects of world trade without the presence of a tariff. In the graph, DS means domestic supply and DD means domestic demand.

President Trump's tariffs include a 10 percent additional tariff on all imports from China that went into effect on February 4. We estimate that this tariff will raise $20 billion in revenue through ...

CFR President and former U.S. Trade Representative Michael Froman analyzes the potential economic consequences and broader ...

President-elect Donald Trump said Tuesday that he will create an “External Revenue Service” to collect revenue from tariffs, a signal of his determination to impose sweeping duties on imports.

President-elect Donald Trump announced Tuesday he will create an external revenue office upon his return to the White House that will collect all foreign-sourced revenue, such as tariffs.

Tariff revenue is collected by U.S. Customs and Border Protection, though Mr. Trump has floated the idea of creating an entirely new agency to deal with money earned from his tariffs. Importers of ...

President Trump wants an External Revenue Service to collect tariffs on imports. One trade expert said the move may be “more branding than substance.” By Ana Swanson Ana Swanson covers ...