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Al Jazeera

Politics

Trump’s 10 percent tariff takes effect, raising fears of global trade war

Donald Trump United States China Customs and Border Protection Stock Market the White House

A man walks past a screen displaying US President Donald Trump, at the Bombay Stock Exchange in Mumbai, India [File: Francis Mascarenhas/Reuters]

US President Donald Trump’s widest-ranging tariffs to date have come into effect – a move that may trigger retaliation and escalate trade tensions, upsetting the global economy.

The initial 10 percent “baseline” tariff took effect at United States seaports, airports and customs warehouses at 12:01am ET (04:01am GMT) on Saturday, ushering in Trump’s full rejection of the post-World War II system of mutually agreed tariff rates.

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