Steep tariffs risk sparking retaliatory measures that could rattle the domestic economy. It’s happened before.

Willis C. Hawley (left) and Reed Smoot meeting shortly after the signing of the Smoot-Hawley Tariff Act. (Credit: National Photo Company/Wikimedia Commons/Postmedia files) Fans of the movie Ferris ...

Though Congress holds power over regulating commerce with foreign nations, it has incrementally delegated significant ...

Like our predecessors in 1930, we oppose the use of tariffs as a general tool for economic policy.

An all-out trade war between the U.S. and trading partners Mexico, Canada and China will benefit nobody and will pinch ...

President Trump’s support for high tariffs and disdain for free trade harkens back to a much older policy — the Smoot-Hawley ...

Are tariffs inflationary? Who will shoulder the increased cost? Will tariffs cause a recession? How do tariffs affect ...

President Trump has threatened 25% tariffs on imports from Canada and Mexico, as well as an additional 10% tariff on imports ...

Donald Trump's announcement of tariffs on imports from Mexico, Canada, and ultimately the European Union would benefit no one ...

Donald Trump’s tariff war is too much for his otherwise steadfast ally Senator Ron Johnson, who compared the decision to ...

After promising during his election campaign to put import taxes back at the center of US economic policy during his second term as president, President Donald Trump has taken steps in that direction.