President Trump's tariffs order for countries yet to strike a trade deal with the U.S. went into effect just after midnight on Friday, though most levies aren't due to start until Aug. 7. Why it matters: While countries like Mexico struck trade deal extensions ahead of Trump's deadline,

Washington's decision to suspend the "de minimis" tariff exemption for all countries - expanding on an earlier move that targeted Chinese shipments - is set to disrupt and ultimately reshape the global cross-border e-commerce sector,