President Donald Trump on Friday reinstated a tariff loophole for small-value packages from China that was eliminated as part of the sweeping tariffs Chinese imports that went into effect after midnight on Tuesday,

President Donald Trump said on Friday he plans to announce reciprocal tariffs on many countries next week, a major escalation of his trade war. Trump did not identify which countries would be hit but suggested it would be a broad effort that could also help solve U.

President Donald Trump's tariffs against China have gone into effect. China has retaliated with tariffs against U.S. oil. Tariffs against Mexico and Canada have paused as negotiations continue.

President Trump will talk with Chinese leader Xi Jinping today about a potential tariff pause, White House trade adviser Peter Navarro said this morning at a Politico event. The Trump administration had previously said that the two leaders would speak this week,