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  • What tariffs has Trump announced and why?

    What tariffs has Trump announced and why?

    What are tariffs and how do they work? Tariffs are taxes charged on goods bought from other countries. Typically, they are a percentage of a product’s value. A10% tariff means a $10 product would have a $1 tax on top – taking the total cost to $11 (£8.35). Companies that bring foreign goods into the…


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  • What tariffs has Trump announced and why?

    What are tariffs and how do they work? Tariffs are taxes charged on goods bought from other countries. Typically, they are a percentage of a product’s value. A10% tariff means a $10 product would have a $1 tax on top – taking the total cost to $11 (£8.35). Companies that bring foreign goods into the…

    What tariffs has Trump announced and why?