Sweeping tariffs issued by President Trump are now in effect. Import taxes will reach levels not seen in the country in almost 100 years, with over 60 countries and the European Union facing rates of 15 percent or more.
A wide variety of products will be hit, ranging from appliances, cars, food and furniture. In a post on Truth Social just after things went into effect, Trump said billions of dollars are “now flowing” into the U.S.