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How do tariffs work?

Tariffs are taxes a government puts on goods and services that come from other countries. You can think of a tariff as an extra fee added at the border, which makes imported products more expensive.
US President Donald Trump speaks during a press conference at the White House, Washington, D.C., US on February 20, 2026. Kyle Mazza/Anadolu via Getty Images (NEW YORK) — President Donald Trump rushed ...
President Donald Trump’s 15% tariff on imports from nearly every country on Earth may sound tough, but it reflects a basic misunderstanding of economics. Tariffs are not paid by foreign governments.
When the U.S. Supreme Court ruled that the administration’s tariffs were unlawful, it resolved a constitutional question. What it did not resolve is how to unwind the economic damage. Gov. JB Pritzker ...
(NEXSTAR) – Two new bills have been introduced in Congress that, if passed, could give American taxpayers hundreds or thousands of dollars in so-called “tariff rebates.” Earlier this year, the Supreme ...
(NEW YORK) -- President Donald Trump rushed to enact new tariffs and vowed to preserve others after a recent Supreme Court ruling knocked out most of his levies. Businesses and consumers now face a ...
When the U.S. Supreme Court ruled that the administration’s tariffs were unlawful, it resolved a constitutional question. What it did not resolve is how to unwind the economic damage. Gov. JB Pritzker ...