WASHINGTON — President Donald Trump began levying higher import taxes on dozens of countries Thursday, just as the economic fallout of his monthslong tariff threats has begun to create visible damage for the U.S. economy.

What You Need To Know • Global financial markets have taken President Donald Trump's tariff adjustments in stride, with Asian and European shares and U.S. futures mostly higher • Trump has started imposing higher import taxes on goods from more than 60 countries, including the European Union, Japan and South Korea • These tariffs began Thursday and are part of the Republican president's strategy to reduce the trade deficit and encourage foreign investment in the United States • However, the economic impact is already visible, with signs of stalled hiring, rising

See Full Page