US President Donald Trump's new sweeping tariffs have taken effect, escalating his ongoing trade war. This move comes as Trump pushes countries to agree to new terms and invest in the US.

• The tariffs went into effect at midnight, with Trump stating "BILLIONS OF DOLLARS IN TARIFFS ARE NOW FLOWING INTO THE UNITED STATES OF AMERICA!"
• India faces a 50% tariff unless it stops buying Russian oil, effective August 27.
• Trump threatened a 100% tariff on foreign-made computer chips, prompting Apple to announce a $100 billion (£75bn) US investment.
• Laos and Myanmar faced some of the highest levies at 40%, while the UK, Japan, South Korea, and the European Union reached agreements for lower tariffs.
• Canada's tariff rate was boosted from 25% to 35%, while higher tariffs on Mexico were paused for 90 days as negotiations continue.