President Donald Trump just enacted a new wave of tariffs on dozens of America’s trading partners, marking a substantial escalation in ongoing trade tensions that could constitute the biggest change to the global economy in nearly a century.

President Donald Trump on Thursday imposed once unthinkably high U.S. taxes on imports from dozens of countries, part of his campaign to turn one of the world's most open economies into a fortress bristling with barriers to trade.

After months of threats, the United States government is now implementing the new tariffs driven by Donald Trump, affecting most countries worldwide and reigniting tension in international trade. Since his return to the White House in January 2025,