TechFlow news, April 5 — According to Jinshi Data, at 00:01 local time on Saturday (12:01 Beijing time), Trump's 10% tariff on all U.S. imported goods officially took effect, with reciprocal tariffs set to begin next Wednesday. The 10% base tariff, effective at U.S. seaports, airports, and customs warehouses, marks Trump’s complete abandonment of the post-WWII tariff rate system negotiated with various parties. Kelly Anne Shaw, White House trade advisor during Trump’s first term, said, “This is the biggest trade action we’ve seen in our lifetimes,” and she expects tariffs will evolve over time as countries seek negotiations to lower rates. “But this is huge. It represents a massive and significant shift in how we conduct trade with every country in the world.”
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