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What to know about Trump's sweeping tariffs that took effect Thursday

Name: What to know about Trump's sweeping tariffs that took effect Thursday
Uploaded: 2025-08-07T14:30:00-0400
Duration: 7 min 27 s
Description: President Trump's new round of sweeping tariffs against dozens of countries are now in effect, putting import tariffs at their highest levels since the Great Depression. CBS News' Kelly O'Grady and Nancy Cordes have more.

President Trump's new round of sweeping tariffs against dozens of countries are now in effect, putting import tariffs at their highest levels since the Great Depression. CBS News' Kelly O'Grady and Nancy Cordes have more.