U.S. President Donald Trump's higher tariffs on imports from dozens of countries kicked in on Thursday, raising the average U.S. import duty to its highest in a century and leaving major trade partners such as Switzerland,

U.S. President Donald Trump's so-called "reciprocal" tariffs took effect on Thursday, imposing higher duties on many of the country's trading partners' exports to the U.S. "IT'S MIDNIGHT!!! BILLIONS OF DOLLARS IN TARIFFS ARE NOW FLOWING INTO THE UNITED STATES OF AMERICA!" Trump wrote on social media platform Truth Social.