What happened

President Donald Trump's tariffs on more than 90 U.S. trading partners went into effect this morning, the White House said. On top of the new import taxes, which range from 10% to 41%, Trump Wednesday signed an executive order raising his tariff on Indian imports to 50%, from 25%, due to the country's purchasing of Russian oil. He also said he would slap a "tariff of approximately 100% on chips and semiconductors" unless "you're building in the United States."

Who said what

Trump's "punishing new tariffs" escalated a "global trade war that he has started" and insists will "help reset trade relationships that he deems unfair," bring in new tax revenue and revive U.S. manufacturing, The New York Times said. "I think the growth is going to be unprecedented," Trump said Wedn

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