Trump's 10% benchmark tariff takes effect

According to Jin Shi's report, at 12:01 local time on Saturday (12:01 Beijing time), Trump's 10% tariff on all imported goods from the United States officially came into effect, and the equivalent tariff will take effect next Wednesday. The benchmark tariff of 10% has taken effect in US seaports, airports, and customs warehouses, marking Trump's complete abandonment of the tariff rate system agreed upon with all parties after World War II. Kelly Ann Shaw, the White House trade advisor during Trump's first term, stated that "this is the biggest trade action of our lives," and she expects tariffs to change over time as countries seek to negotiate lower interest rates. But this is a big deal. It is a huge and significant shift in the way we trade with every country in the world