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 ...

WASHINGTON (AP) — President Donald Trump is taking a blowtorch to the rules that have governed world trade for decades. The ...

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

European Commission President Ursula von der Leyen said during the Munich security conference Friday the European Union will ...

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 ...

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

The European Commission said on Friday it would react "firmly and immediately" against tariff increases resulting from U.S.

President Donald Trump took to social media Thursday to defend sweeping orders on reciprocal tariffs as a move toward ...

I’ve decided for purposes of fairness that I will charge a reciprocal tariff,” Trump said in the Oval Office at the ...

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 ...