Tue, January 28, 2025
[ Tue, Jan 28th 2025 ]: Reuters
Responding to Trump tariff threat, Taiwan says chip business is 'win-win'
[ Tue, Jan 28th 2025 ]: WFAE
What to know about executive orders as Trump takes office
[ Tue, Jan 28th 2025 ]: bnnbloomberg
Federal government planning tariff relief for Can .. s; will depend on scope of Trump tariffs: sources
[ Tue, Jan 28th 2025 ]: KPBS
Trump memo to halt federal funds triggers confusion and constitutional questions
[ Tue, Jan 28th 2025 ]: cnbctv18
Maharashtra sets up panel to explore phasing out petrol and diesel vehicles in Mumbai
[ Tue, Jan 28th 2025 ]: Forbes
Can Trump Cancel Government Funds Through Impound .. What To Know As He Pauses All Federal Assistance.
[ Tue, Jan 28th 2025 ]: Fortune
Bill Gates accuses Elon Musk of 'insane sh*t' and 'populist stirring' in foreign countries
[ Tue, Jan 28th 2025 ]: Forbes
Forbes Daily: DeepSeek's 'Wake-Up Call' And Nvidia's Historic Plunge
[ Tue, Jan 28th 2025 ]: AOL
Greens announce support for Scottish Government budget
[ Tue, Jan 28th 2025 ]: MSN
Trump Asserts Federal Government Power Over California Water
[ Tue, Jan 28th 2025 ]: MSN
What President Trump's first week immigration orders mean in the short and long term
[ Tue, Jan 28th 2025 ]: MSN
AAP's Priyanka Kakkar alleges BJP of "dirty politics" over water quality
[ Tue, Jan 28th 2025 ]: MSN
Trump says PM 'will do what's right' in taking back undocumented Indians from US
[ Tue, Jan 28th 2025 ]: ABC
Trump 2nd term live updates: Trump says Microsoft is in talks to buy TikTok
[ Tue, Jan 28th 2025 ]: MSN
Trump Justice Department fires employees involved in criminal investigation against President
[ Tue, Jan 28th 2025 ]: Forbes
Federal Policies Set A New Tone For Business
Mon, January 27, 2025
[ Mon, Jan 27th 2025 ]: CNN
All federal grants and loan disbursement paused by White House
[ Mon, Jan 27th 2025 ]: STAT
Researchers reel as Trump administration moves quickly to cut funding and end DEI health programs
[ Mon, Jan 27th 2025 ]: Reuters
German government, opposition clash over rival border policies
[ Mon, Jan 27th 2025 ]: Forbes
NIH Director Tries To Calm Health Researchers' Nerves After Trump Directives
[ Mon, Jan 27th 2025 ]: 7NEWS
Tesla owners boycott over Elon Musk's controversial salute and German far-right rally appearance
[ Mon, Jan 27th 2025 ]: KLCC
Fear, confusion in Woodburn as Trump takes office
[ Mon, Jan 27th 2025 ]: ktvq
Conversations begin on government use of AI at Montana Legislature
[ Mon, Jan 27th 2025 ]: WPLG
What are tariffs and how do they work?
[ Mon, Jan 27th 2025 ]: Oregonian
Ethics commission dings Oregon lawmaker for not disclosing business clients
[ Mon, Jan 27th 2025 ]: RealClearPolitics
Andreessen: Substack And Elon Musk's Twitter Takeover Broke The Social Media Censorship Dynamic
[ Mon, Jan 27th 2025 ]: Reuters
Colombia avoids trade war with US as business community, citizens call for cooler heads
[ Mon, Jan 27th 2025 ]: Politico
Your primer on Florida's climactic special session
[ Mon, Jan 27th 2025 ]: Richmond
Unclear how federal hiring freeze affects Hampton VA Medical Center
[ Mon, Jan 27th 2025 ]: Newsweek
Putin Fueling Independence Plans in California, Texas: Republican
[ Mon, Jan 27th 2025 ]: Bernews
Column: Sir John On Independent Candidates
[ Mon, Jan 27th 2025 ]: CNN
Trump immigration crackdown underway as Colombia backs down over tariff threat
[ Mon, Jan 27th 2025 ]: Politico
Trump's busy first week
[ Mon, Jan 27th 2025 ]: Couriermail
Parents have saved more than $2700 through childcare subsidies, new figures show
[ Mon, Jan 27th 2025 ]: bnnbloomberg
U.S., Colombia clash over deportations and raise .. iffs in show of Trump's pledge to limit migration
[ Mon, Jan 27th 2025 ]: CNN
Trump feuds with Colombia's president as he rolls out immigration crackdown
[ Mon, Jan 27th 2025 ]: Oregonian
President Trump retaliates with tariffs after country refuses entry to migrants deported from US
[ Mon, Jan 27th 2025 ]: MSN
Delhi Election 2025: Amit Shah Targets Kejriwal Over Corruption Allegations | ABP NEWS
[ Mon, Jan 27th 2025 ]: MSN
8th Pay Commission update: No relief for central employees as DA remains unpaid
[ Mon, Jan 27th 2025 ]: BBC
Gaming start-ups call for more government money
[ Mon, Jan 27th 2025 ]: MSN
Trump and Ramaphosa: A tale of two rich presidents and the motives of big business
[ Mon, Jan 27th 2025 ]: ABC
Trump 2nd term live updates: ICE arrests 956 undocumented immigrants on Sunday
[ Mon, Jan 27th 2025 ]: CNN
After forcing Colombia to back down, White House claims America is respected again
[ Mon, Jan 27th 2025 ]: MSN
8th Pay Commission brings cheer: Basic pay now Rs 51,000 with higher perks
Sun, January 26, 2025
[ Sun, Jan 26th 2025 ]: MSN
Abbott takes victory lap with 'sudden and swift' border security
[ Sun, Jan 26th 2025 ]: MSN
76th Republic Day: PM Modi Welcomes Jagdeep Dhankhar and His Wife at Kartavya Path
[ Sun, Jan 26th 2025 ]: MSN
US News Live Today January 26, 2025: Melania Trum .. p will never be a 'normal student' and 'he knows'
[ Sun, Jan 26th 2025 ]: MSN
Delhi Election 2025: The Battle for Middle Class .. eats Up as Key Players Make Their Move | ABP Live

What are tariffs and how do they work?

The article from Local 10 News, published on January 27, 2025, explains tariffs as taxes imposed by a government on goods and services imported from other countries. Tariffs serve multiple purposes: they protect domestic industries by making imported goods more expensive, thereby encouraging consumers to buy local products; they generate revenue for the government; and they can be used as a tool in trade negotiations or to retaliate against trade practices deemed unfair by other nations. The article outlines how tariffs work by increasing the cost of imported items, which can lead to higher prices for consumers, potential trade wars, and shifts in economic dynamics. It also discusses the different types of tariffs, such as ad valorem (based on the value of goods), specific (a fixed fee per unit), and compound (a combination of both). Additionally, the piece touches on the broader economic implications, including impacts on inflation, employment, and international relations.

Read the Full WPLG Article at:
[ https://www.local10.com/news/politics/2025/01/27/what-are-tariffs-and-how-do-they-work/ ]