Among the most infamous examples is the Smoot-Hawley Tariff Act of 1930, which exacerbated an already dire economic situation. Implemented to protect American farmers and manufacturers, the tariff ...

The Smoot-Hawley Tariff Act of 1930 kneecapped America's ability to escape the Great Depression, and today's trade wars look ...

Perhaps most infamously, Congress raised close to nine hundred separate tariffs with the 1930 Smoot-Hawley Tariff Act, which many economists say worsened the Great Depression. But over the past ...

"With the U.S. Reciprocal Trade Act, we’ll give the executive the leverage necessary to go to bat for the American people and achieve tariff reductions on U.S. goods," he said. Trump released a ...

Tariffs, just as they were during Donald Trump's first term from 2017 to 2021, are his weapon of choice on the global stage. Justin Trudeau had an "excellent conversation" with Donald Trump at the ...

House Republicans are unveiling a new bill to clear a path for President Donald Trump to enact his sweeping tariff plans. First-term Rep. Riley Moore, R-W.Va., is reintroducing the U.S. Reciprocal ...

The think tank Tax Foundation notes that while many business owners supported the McKinley Tariff Act, it faced opposition from consumers due to rising prices. McKinley’s legacy extends beyond ...

BMW CEO Proposes Cutting EU Tariff on US Vehicle Imports to 2.5% BERLIN (Reuters) - BMW will propose this week that the European Union lower its tariff on U.S. car imports to 2.5% from 10% ...

(Reuters) - Upon returning to office, U.S. President Donald Trump has launched numerous tariff threats. They range from broad ones - a universal tariff on foreign-imported goods - to ones aimed at ...

TSMC declined to comment on Trump's latest tariff remarks. Earlier this month, Taiwan Economy Minister Kuo Jyh-huei said he only expected a small impact from any tariffs imposed by Trump on ...

In his latest comments, he threatened a 25% tariff on Canada from Feb. 1. His comments have created confusion for businesses and investors and clouded economists' projections, making the BoC's ...