Although tariffs and taxes both generate government revenue to fund public goods and services, they have several distinctions ...

President Donald Trump’s so-called “Liberation Day” tariffs are scheduled to take effect Aug. 1, following the expiration of ...

South Korea's Deputy Prime Minister and Finance Minister Koo Yun-cheol held two-hour trade talks with US Commerce Secretary Howard Lutnick Tuesday in Washington ...

This deal would mean the duties will be lowered from the 25% that Trump had threatened in his "tariff letter" to Seoul ...

U.S. President Donald Trump on Wednesday issued a blitz of tariff announcements ranging from changes to previously threatened levies ...

Commerce Secretary Howard Lutnick said during a recent interview that there is still “plenty of horse-trading left to do” when it comes to certain aspects of the trade framework between the U.S.