<ul><li>President Donald Trump’s 10% baseline tariffs on US trading partners around the world came into effect on Saturday.</li><li>Higher duties on some countries, which replace, rather than add to the 10% rate, are due to start on April 9.</li><li>The tariffs raised US tariffs to their highest level in more than a century, causing a significant drop in the S&P 500 index.</li><li>Trump indicated willingness to lower his duties if other nations offered him something 'phenomenal'.</li></ul>

Trump’s 10% Baseline Tariff On Most US Imports Takes Effect

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