Explore marginal propensity to import (MPM) and learn how changes in disposable income affect import levels. Discover its ...

The United States set records for total merchandise trade, total imports and its trade deficit in 2024, but fell 0.09% short of the export record, according to my analysis of U.S. Census Bureau data ...

Tariffs are set at the national level but impact states differently. Some states depend on global exports like cars and electronics, while others rely on imported items, such as car parts, to support ...

Discover how drawbacks offer tax rebates for businesses that import and export goods, reducing tax burdens and enhancing profitability for U.S. companies.

This article was originally published by the Council on Foreign Relations on Feb. 1, 2025. On Feb. 1, President Donald Trump imposed tariffs on Canada, China, and Mexico — the United States’ largest ...

President Donald Trump's new 25% tariffs on imports from Mexico and Canada, started March 4. Mexico and Canada have promised to retaliate. Local businesses could face impacts. As tensions between ...

President Trump has promised to announce today that he will institute tariffs of up to 25% on imports from a list of nations he has taken to calling the “Dirty 15.” He had not identified those nations ...