Trump's sweeping new tariffs take effect against dozens of countries

Trump's sweeping new tariffs on over 90 countries have taken effect, including a 50% tariff on India and threats of a 100% tariff on foreign-made computer chips. These tariffs are part of Trump's efforts to reshape the global trading system. Countries like the UK, Japan, and South Korea have reached agreements with the US to lower tariffs, while the EU and Taiwan are still in negotiations. Stock markets in Asia remained stable despite the news.