Tariff news

Follow RT for the latest news on the economy, including information about tariffs – a term used to describe tax on exports or imports between sovereign states. Tariffs are usually used to restrict imports and increase the price of foreign goods, services to make them less attractive to buyers. There has been much talk about the US-China trade war and Beijing’s call on Chinese enterprises to substitute American imports with those from other countries in response to US trade tariffs. Follow RT for the latest news on relations between China and the US, and information on the trade war and tariffs levied by the countries involved.