Trump’s giant tax hikes on Americans take effect

Source: BBC News [UK state media]

“Donald Trump’s higher tariffs on [American buyers of goods from] 60 countries which he deems the ‘worst offenders,’ including 104% duties on [American buyers of goods from] China, have come into effect. … Several US-based global brands such as Nike and Apple, which manufacture their goods outside the US, have suffered steep falls in their share prices over the last few days — and are expected to be impacted further by the reciprocal tariffs. … many US consumers fear rising prices on everyday goods such clothes and food, with some people stockpiling while they can.” (04/09/25)

https://www.bbc.com/news/live/cp8vyy35g3mt?page=2