Tariffs are a type of trade ... international trade has declined in modern times, though there are exceptions, like President Trump's February 2025 tariffs on Mexico, Canada, and China ...

Investopedia / Ryan Oakley The World Trade Organization (WTO) is an international institution that oversees the rules for global trade among nations. It was created in 1995, superseding the 1947 ...

Investopedia contributors come ... place in a controlled effort to alter the balance of trade between the tariff-imposing country and its international trading partners. For example, when a ...