While a sales tax is paid in full by the consumer at the point of sale, a value-added tax is collected as the product moves ...

The trade threats could reduce exports to the United States and dampen investment in Europe, dealing a blow to growth at a ...

Commission President Ursula von der Leyen said unjustified tariffs would prompt "proportionate and decisive countermeasures", ...

Over $600 billion in European goods were imported by the U.S. last year. New tariffs from President Trump will likely hit ...

Since the 1960s, tariffs — or import taxes — have emerged from negotiations between dozens of countries. Trump wants to seize ...

The state ranks fifth in the country for agricultural product exports worth $10.6 billion, according to the Illinois ...

The European Union is preparing for a turbulent period in transatlantic relations as the Trump administration's trade ...

The president says the VAT system used across Europe gives other countries unfair trade advantages. Here’s how the system ...

The Trump administration has imposed tariffs on European Union goods and services in response to the EU’s environmental, ...

The Trump administration also highlighted a 2.5% tariff on ethanol imports that compares to an 18% tariff applied by Brazil.

Donald Trump wants tariffs. The European Union (EU) wants payback. The European Commission President, Ursula von der Leyen, said Friday that the bloc will retaliate immediately if the United States ...

As President Donald Trump makes good on his promise to slap tariffs on goods entering the U.S., Illinois officials are ...