U.S. tariffs take effect as Trump widens trade war

And now, after months of extensions and delays, President Trump's sweeping tariffs on dozens of America's trading partners are now in effect. The president celebrated the move overnight on social media, posting, quote, "It's midnight. Billions of dollars in tariffs are now flowing into the United States." Most imports into the US will now face a baseline 10% duty with the overall average rate rising to more than 17%. That's the highest level in nearly a century.Some of the highest rates are imposed on goods ...