What Are Tariffs? A Beginner’s Guide
Tariffs are taxes on imported goods. Learn how tariff rates are calculated, who pays them, how they affect prices and trade, and why governments use them.
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The global economy connects countries through trade, finance, production, technology, migration, and policy. Learn how those links transmit growth, inflation, and risk.
Japan Launches World’s First Deep-Sea Rare Earth Mining Project
By
Michael Foster
• 3 mins read
Japan has become the first country to begin extracting rare earth elements from the ocean floor, marking a major step to secure critical mineral supplies and reduce reliance on China.
U.S. to Impose 100% Tariff on Branded Drugs Unless Firms Build Plants
By
Oleg Petrenko
• 3 mins read
President Trump says a 100% tariff will apply to branded pharmaceutical imports from Oct. 1, unless the companies have begun building manufacturing plants in the U.S.