Tariffs

Latest in Tariffs

US to impose 21% duty on tomatoes imported from Mexico in 2025

A 21% duty on most tomatoes imported from Mexico to the U.S. begins July 14, 2025, ending past exemptions. Florida…

Delta Air Lines refuses to pay tariffs on Airbus aircraft

Delta Air Lines' resistance to Airbus tariffs, which increase costs by 20%, underscores the impact on fleet strategy and global…

China urges U.S. to lift burdensome reciprocal tariffs

In 2025, China demanded the U.S. cancel tariffs, raising its own to 125%. This escalates global tensions, impacts economies, and…

Delta and United Airlines may cut champagne due to Trump tariffs

Delta and United Airlines embraced in-flight champagne as a premium service in 2025. Trump administration tariffs indirectly raised European import…

Reciprocal Tariffs: An In-Depth Analysis of Definition, Differentiation, Impacts, and Controversies

I. Introduction Tariffs, taxes levied on imported goods and services, represent a fundamental instrument of international trade policy, employed by…

Trump exempts semiconductor chips and tech from new tariffs

On April 12, 2025, exemptions for smartphones, laptops, and chips from U.S. tariffs mitigate consumer price increases and tech industry…

Tariff surcharges adding hidden costs at checkout

Surcharges from import tariffs (20-25%) now appear at checkout for goods over $800. New York’s law enforces price transparency. Businesses…

Frontier Airlines Pulls 2025 Forecast as Tariff Conflict Escalates

Frontier Airlines anticipates Q1 2025 losses, abandoning its financial outlook due to weaker travel demand and rising costs from tariffs.…