The bad economics of import taxes was succinctly summed up by Senator Rand Paul (R-KY), one of the few Republicans to criticize Trump’s tariffs: “Tariffs are simply taxes. Conservatives once united ...

Within weeks of assuming the presidency, Donald Trump announced tariffs on Mexico, Canada, and China. It’s a centerpiece of a ...

Understanding who will end up paying for the higher costs means understanding how manufacturing, trade and supply chains function — and how costs build along each step of the complex process. Take ...

Tariffs have become President Donald Trump's favored economic move, prompting a lot of folks to ask what it is they even do.

Definition: A labour market is the place where workers and employees interact with each other. In the labour market, employers compete to hire the best, and the workers compete for the best satisfying ...

Definition: The Index of Industrial Production (IIP) is an index which shows the growth rates in different industry groups of the economy in a stipulated period of time. The IIP index is computed and ...