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The effective tariff rate measures the total taxes levied on imports. It's a good way to account for all tariff policies that a country has in place. In the U.S., that rate was 2.4% when Trump ...
Two ways the government can address the imbalances that free trade may create at home are through import quotas and tariffs.
U.S. President Donald Trump's tariff decisions since he took office on January 20, from imposing sweeping duties to abruptly ...