Two ways the government can address the imbalances that free trade may create at home are through import quotas and tariffs. Both policies may sound ominous, but tariffs are worse on your wallet ...

China has just given a potential boost to its crude oil imports as it has issued a second batch of import quotas for 2025 to its independent refiners, trade sources told Reuters on Monday.

There are varying rates for imports of frozen and salted chicken meat into the British market. On specific cuts of salted meat, the in-quota tariff is 15.4% while the volume in excess engenders a ...