While campaigning for a second term in office, President Donald Trump declared “tariff” to be his “favorite word” and “the most beautiful word in the dictionary.” He regularly said he would use ...

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 ...

How tariffs work A tariff is a customs duty, or tax, levied on goods and services that are imported or exported. In the past, tariffs were used by countries primarily as a way to bring in revenue for ...

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 ...