Trump’s higher tariffs take effect on imports from dozens of countries | Donald Trump News

Trump’s order is seeking to address trade practices Washington deems unfair, but small businesses may be harmed, and economists caution it could fuel inflation.

United States President Donald Trump’s sweeping higher tariffs on more than 60 countries have taken effect.

The higher so-called “reciprocal” tariffs, announced last week in an executive order, were being collected by the US Customs and Border Protection (CBP) agency from 00:01 EDT (04:01 GMT) on Thursday, following months of…

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News Source: www.aljazeera.com

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