Import quotas allow a certain amount of an item to be imported, preventing a tax from adding to the final price paid by consumers.

Two of the sources said the framework may be similar to the one agreed with Britain in May. In that deal, the U.S. cut tariffs on British-made cars to 10% and British carmakers received a import quota ...

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The 18 biggest U.S. petroleum producers were over an oil barrel last week. Defense Mobilizer Arthur S. Flemming warned them that unless oil imports are cut voluntarily, the President may slap a ...

Stocks of Brazilian steel companies fell on Wednesday after the government said it would renew for 12 months a system meant to protect the national steel industry, but that steelmakers have said ...

Every year, typically in late September or early October, Beijing unveils its import quotas for the following year, covering essential agricultural products such as wheat, rice, corn, cotton and ...

Last week’s letter from President Donald Trump warning of a 35% tariff on Canadian goods has sharpened the spotlight on ...

The People’s Bank of China has allocated fresh gold import quotas for some commercial banks, people familiar with the matter said, as Beijing responds to strong haven demand from institutional ...

China has increased crude oil import quotas for private refiners by 6% for 2025, raising the total to 5.14 million barrels per day.

Trade negotiations between the US and Mexico are homing in on a possible quota system to reduce tariffs on a certain volume of steel imports, a move seen as assuaging concerns of American ...

On Tuesday, China's commerce ministry said that the country would lift its total crude oil import quota for private importers for 2025 by 6%—to 5.14 million bpd, per Reuters calculations.

Joe Biden has more than doubled the volume of solar cells made overseas that can be imported tariff-free to support US panel manufacturers.