Washington, Aug. 8 -- US President Donald Trump's sweeping new tariffs on more than 90 countries, including India, came into effect on August 7. The President posted on his Truth Social platform that billions of dollars were now flowing into his country as a result of his import taxes.

"It's midnight!!! Billions of dollars in tariffs are now flowing into the United States of America!" he wrote on Truth Social, shortly after the higher tariff rates came into effect. Secretary of the Treasury Scott Bessent said that tariff revenues could top $300 billion a year.

"The only thing that can stop America's greatness would be a radical left court that wants to see our country fail!" Trump wrote on his Truth Social platform. The President said t...