The sweeping levies imposed on nearly every country mark a watershed moment in the president's effort to upend world trade.

U.S. Customs and Border Protection agency began collecting the higher tariffs at 12:01 a.m. ET after weeks of suspense over Trump's final tariff rates and frantic negotiations with major trading partners that sought to lower them.

Higher tariffs take effect today on imports from many U.S. trading partners. The import taxes are raising tens of billions of dollars for the government, but also beginning to weigh on the U.S. economy.

Mexican President Claudia Sheinbaum has extradited cartel leaders, deployed troops to the border — and remained calm. So far, it’s worked.