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The day has arrived.

What do new US tariffs mean around the world?

Hello, this is the Marketplace Morning Report,

and we're live from the BBC World Service. I'm Leanna Byrne.

So President Trump's long-delayed tariff deadline has finally passed, and for countries without a deal,

the import taxes are steep, the highest in almost a century. On Thursday, Trump signed an executive order

hiking tariffs on Canadian goods from 25% to 35%. Dozens of other nations are now

on the list too, with even tougher levies for Syria, Laos and Switzerland. Those kick in next week.

Mexico, though, has won a 90-day reprieve as it scrambles to cut a deal with Washington. Here's the BBC's Darshini David with the latest.

The detail is dizzying.

It feels like another day, another raft of tariffs from President Trump.

But look, key thing to remember in all of this is that the vast majority of American imports

...