The President of the United States, Donald Trump, announced that the new customs tariffs came into effect Wednesday night according to the country’s time. The statement was communicated to the public via a post made just minutes before midnight on Truth Social, the social media platform owned by Trump. However, Trump did not provide any details on which products or countries these new tariffs would cover. It was stated that the decision on customs duties aims to protect the U.S. economy from foreign competition.

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