Trump's tariffs are officially here

The tariffs, which start at a baseline rate of 10% and affect 185 countries, took effect on April 9.

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• The Trump administration's slate of reciprocal tariffs took effect on April 9, 12:01 a.m. ET.
• The tariffs have roiled markets since President Donald Trump announced them last week.
• Trump said tariff negotiations with Japan and South Korea are underway.

President Donald Trump's slate of reciprocal tariffs on over 180 countries took effect on Wednesday morning.