Forbes contributors publish independent expert analyses and insights. Mike Patton covers the financial markets, economy, and national debt. Tariffs are a hot topic these days. This post will discuss ...
Hosted on MSN

How do tariffs work?

Tariffs are taxes a government puts on goods and services that come from other countries. You can think of a tariff as an extra fee added at the border, which makes imported products more expensive.
US President Donald Trump speaks during a press conference at the White House, Washington, D.C., US on February 20, 2026. Kyle Mazza/Anadolu via Getty Images (NEW YORK) — President Donald Trump rushed ...
President Donald Trump’s 15% tariff on imports from nearly every country on Earth may sound tough, but it reflects a basic misunderstanding of economics. Tariffs are not paid by foreign governments.
See more of our trusted coverage when you search. Prefer Newsweek on Google to see more of our trusted coverage when you search. President Donald Trump’s new global tariffs took effect early Tuesday ...
When the U.S. Supreme Court ruled that the administration’s tariffs were unlawful, it resolved a constitutional question. What it did not resolve is how to unwind the economic damage. Gov. JB Pritzker ...