Trump's new tariffs take effect
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Trump's new tariffs take effect

President Donald Trump’s sweeping new tariffs on America’s trading partners took effect on Wednesday, including a combined total of 104% against goods from China. The 10% baseline already began on Saturday. And then at midnight on Wednesday, the higher import tax rates on dozens of countries and territories took hold. China has retaliated with 84% tariffs on U.S. goods. FOX 35's Ryan Elijah speaks with FOX News' Washington, DC Correspondent Doug Luzader about it.