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Trump tariffs come into effect in ‘seismic’ shift to global trade

‘Baseline’ 10% import levy takes effect at US seaports, airports and customs warehouses on Saturday, with some higher tariffs to begin next weekUS customs agents began collecting President Donald Trump’s unilateral 10% tariff on all imports from many countries on Saturday, with higher levies on goods from 57 larger trading partners due to start next week.The initial 10% “baseline” tariff took effect at US seaports, airports and customs warehouses at 12.01am ET (0401 GMT), ushering in Trump’s full rejection of the post-second world war system of mutually agreed tariff rates. Continue reading...


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