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NEWS ABCTHE ABC OF ECONOMY & INDUSTRY
Trade

Who actually pays a tariff

The importer of record pays the duty to Customs at the border; who ultimately bears the cost depends on contracts, supply chains, and how much prices can move.

Manufacturing

How a trade case moves from petition to duty

An antidumping case runs through the Commerce Department and the International Trade Commission on a fixed clock, with provisional duties possible within about seven months.

Two agencies decide every US dumping case
Trade

Two agencies decide every US dumping case

Commerce sets the margin, the International Trade Commission sets the injury finding, and the statutory clock between them decides when importers start paying.

Trump Cuts Steel Tariffs To 25%
Manufacturing

Trump Cuts Steel Tariffs To 25%

A June proclamation halved the general steel and aluminum tariff rate to 25% from 50%, with lower rates for some allies and a 10% rate for mostly U.S.-origin metal, the Federal Register shows.

Coils of steel and aluminum sheet stacked in an import warehouse
Manufacturing

White House trims some metals tariffs to 15%

A July 20, 2026 proclamation lowers certain steel, aluminum, and copper rates from 25% to 15%, continuing the shift toward product-by-product rates.

Chart of differentiated metals tariff rates across product categories through 2027
Manufacturing

New metals tariff framework runs through 2027

Proclamation 11032 sets differentiated rates for an expanded product list through December 31, 2027, replacing one-rate-for-all with a negotiated ladder.

Manufacturing

Defense demand tests the industrial base

Ramping munitions and shipbuilding exposes the same bottleneck everywhere: sub-tier suppliers, machine capacity, and skilled trades.

Panel discussion on industrial policy at a policy conference
Politics

Industrial policy is now bipartisan default

Subsidies, tariffs, and procurement preferences survived a court ruling and an election cycle — the argument is only over the knobs.

Trade

More in Trade →
Negotiators reviewing documents at a long table during a trade round
Trade

USMCA talks enter a third round

US and Mexican negotiators opened a third round of bilateral discussions in July 2026, with rules of origin as the prize and auto supply chains as the stakes.

Container ship working cranes at a large port terminal in morning light
Trade

Port fees quietly reroute the fleets

Fees on Chinese-built vessels touch every carrier calling at US ports, and the cost shows up in freight rates and fleet orders.

Chart comparing 10 and 12.5 percent duty tiers by product category
Trade

New Section 301 duties land at 10 and 12.5

Additional tariffs of 10% and 12.5% took effect in 2026 under the unfair-trade statute — a slower, sturdier vehicle than the invalidated emergency path.

Politics

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Politics

Congress audits the tariff machine

Oversight of customs collection sounds procedural — until the money at stake is nine digits and the courts just broke the meter.

Economy News

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Small packages lose their tariff exemption
Economy News

Small packages lose their tariff exemption

A rule that let low-value imports skip duties for a century is gone, and postal carriers are still adjusting to the paperwork.

Economy News

Steel tariffs sit at 50 percent a year on

Section 232 steel and aluminum duties doubled to 50 percent in June 2025 and still cover imports that fed auto plants, appliances, and construction.

Economy News

Tariff prices arrive slowly, then leave

The consumer-price mechanics of tariffs are a level shift, not permanent inflation — and the exit is as gradual as the entry.

Business News

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Infographic of dollar appreciation raising foreign-currency export prices
Business News

A strong dollar squeezes small exporters

The same exchange rate that cheapens import inputs raises the price on every invoice a small manufacturer sends abroad.

Business News

Uncertainty is the tax on top of the tax

Companies can price a tariff; they cannot price a tariff that might change — and the wait itself costs capital expenditure.

Business News

The plant boom re-priced industrial land

Manufacturing construction at historic highs turned industrial real estate into a policy asset class — with vacancy and power as the new fundamentals.