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Fallout from Trump trade war as tariffs go into effect
Posted
August 8, 2025
Views
101,464
Likes
350
Comments
274
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0.61%
August 8, 2025
101,464
350
274
0.61%
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1:51Now PlayingPresident Donald Trump’s sweeping new tariffs finally took effect on Thursday, slapping levies on dozens of countries and risking price increases for a host of everyday goods.
Tariffs between 10% and 41% were applied to nearly 70 countries beginning at 12:01 a.m. Thursday, significantly expanding the reach of Trump’s confrontational trade policy.
"IT’S MIDNIGHT!!! BILLIONS OF DOLLARS IN TARIFFS ARE NOW FLOWING INTO THE UNITED STATES OF AMERICA!" President Donald Trump posted shortly before midnight on his social media platform.
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