New tariffs snap into effect, raising import taxes to highest level since Great Depression

After months of delays and extensions, President Donald Trump’s comprehensive and sweeping tariffs slate took effect Thursday just after midnight ET, shifting his global trade reset into high gear

Aug 7, 2025 - 07:31
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New tariffs snap into effect, raising import taxes to highest level since Great Depression
After months of delays and extensions, President Donald Trump’s comprehensive and sweeping tariffs slate took effect Thursday just after midnight ET, shifting his global trade reset into high gear

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