US President Donald Trump's sweeping new tariffs on more than 90 countries around the world have come into effect, BBC reported.
"IT'S MIDNIGHT!!! BILLIONS OF DOLLARS IN TARIFFS ARE NOW FLOWING INTO THE UNITED STATES OF AMERICA!," Trump said on social media minutes before the deadline in Washington, DC.
Earlier, the president hit India with a 50% tariff, which will take effect on 27 August unless it stops buying Russian oil.
Trump also threatened a 100% tariff on foreign-made computer chips as he pushes tech firms to invest in the US. It came as Apple announced a new $100bn (£75bn) US investment after coming under pressure from the White House to move more production to America, according to BBC.
