Sweeping U.S. tariffs go into effect globally as Trump's trade war escalates
NBC Newsยท2025-08-07 12:49
The global economy reset overnight. President Trump's trade war escalated. His new wave of wide-ranging tariffs going into effect at midnight with American consumers set to feel it.On social media, the president celebrating the tariffs which will hit 90 countries. The US imposing a baseline 10% tax on most countries exports, but the tariffs on products from many like Canada, Brazil, and some European countries will be higher. We have a country that is uh going to be very rich.It's uh a country that we're ve ...