President Donald Trump's "reciprocal' tariffs against U.S. trading partners went into effect at midnight Wednesday, raising costs to import goods from China, Europe Southeast Asia and more.

The past eight days have proven to be perhaps the highest-stakes study yet in how President Trump negotiates. Why it matters: "Many of you in the media clearly missed the art of the deal," White House press secretary Karoline Leavitt said Wednesday,

President Trump has reversed course on most of his tariffs, but with more and more productions moving overseas, the industry has other problems.