President Donald Trump moved to substantially raise tariffs on steel and aluminum imports on Monday, canceling exemptions and duty-free quotas for major suppliers Canada, Mexico, Brazil and other ...

She is the Economics Editor for news at Investopedia. On Saturday, the White House implemented 25% tariffs on goods from Mexico and Canada and 10% tariffs on items from China. Economists said ...

President Donald Trump has rolled out his plan to increase U.S. tariffs to match the tax rates that other countries charge on ...

mandate to promote free trade by eliminating tariffs, quota and other restrictions. The free trade regime in the last 20 years kept inflation in manufactured products under control globally.

Trump, during his first term, imposed tariffs of 25% on steel and 10% on aluminum, but later granted several trading partners duty-free quotas, including Canada, Mexico and Brazil. Former ...

The United States' suspension of tariffs amounted to a quota of 3.3 million metric tons of steel and 384,000 tonnes of aluminium from EU producers, based on historical averages. EU steel producers ...

However, the U.S. president did not tell the press that day whether there would be any changes to tariff-free import quotas. During Trump's first term, Korea accepted up to 2.63 million tons of ...

President Trump also granted other countries, including Argentina, Brazil, and Korea, hard quotas for steel imports in lieu of tariffs under the existing Section 232 measures. The European Union ...