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International Business Times
International Business Times
World

BIZARRE: Trump s global tariff takes effect in dramatic us trade shift - What They Never Told You

US President Donald Trump's added 10 percent tariff on US imports, except those from Canada and Mexico, take effect Saturday (Credit: AFP)

US President Donald Trump's widest-ranging tariffs to date took effect Saturday, in a move which could trigger retaliation and escalating trade tensions that could upset the global economy.

A 10 percent "baseline" tariff came into place past midnight, hitting most US imports except goods from Mexico and Canada as Trump invoked emergency economic powers to address perceived problems with the country's trade deficits.

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