Trump tariffs come into effect in ‘seismic’ shift to global trade
by Aneesa Ahmed and Reuters from Economics | The Guardian on (#6WDTF)
Baseline' 10% import levy takes effect at US seaports, airports and customs warehouses, with some higher tariffs to begin next week
Donald Trump's 10% tariff on all imports from many countries, including the UK, has come into force after 48 hours of turmoil.
US customs agents began collecting the unilateral tariff at US seaports, airports and customs warehouses on Saturday, with higher levies on goods from 57 larger trading partners due to start next week - including from the EU, which will be hit with a 20% rate.
Continue reading...