Axios
President Trump’s sweeping tariffs on dozens of countries went into effect Thursday morning after the clock struck midnight, marking a historic escalation in global trade tensions.The big picture: After a lengthy delay, the levies — as high as 50% — are finally here, and they could start impacting pocketbooks in the months ahead.Some tariffs that have already taken effect have generated substantial income for the government…
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Trump’s tariffs take effect today. When and how they will affect you
President Trump’s sweeping tariffs on dozens of countries went into effect Thursday morning after the clock struck midnight, marking a historic escalation in global trade tensions.The big picture: After a lengthy delay, the levies — as high as 50% — are finally here, and they could start impacting pocketbooks in the months ahead.Some tariffs that