Beginning Wednesday, shipments arriving in the United States from China and Hong Kong worth less than $800 could face 54 percent tariffs.

Long-threatened tariffs from U.S. President Donald Trump have plunged the country into trade wars abroad — all while on-again, off-again new levies continue to escalate uncertainty. Trump launched a trade war during his first term as well,

Hollywood films increasingly rely on people and places overseas. Trump’s plan to slap tariffs on imported movies, which are often the product of international partnerships, will be both hard to implement and ineffective,