Two ways the government can address the imbalances that free trade may create at home are through import quotas and tariffs.

Unlike tariffs, quotas directly limit the volume of imports, addressing the core issue of oversupply. By restricting imports, a quota could help stabilize domestic shrimp prices, allowing U.S ...

To curb the swelling imports of wool and worsted materials, notably from Italy and Japan, the U.S. laid down new tariffs last week. They will replace a complicated quota and tariff system in force ...

MOSCOW. Dec 28 (Interfax) - The Russian government has extended the tariff quota to export ferrous scrap and waste beyond the Eurasian Economic Union (EAEU) for January 1 to December 31, 2025, the ...