In the last month the Trump Administration has implemented tariffs on goods being imported from the European Union (EU).
A tariff is a tax placed only on internationally traded goods. The taxes are to be paid by the country whose good is being imported. The Administration placed a 10% tariff on aircraft imported from the European Union and 25% duty on agricultural and other products being imported. 7.5 million dollars of tariffs were imposed on a variety of goods being imported.
For... READ MORE