Trump’s 10% tariff on Chinese imports went into effect Tuesday, while 25% tariffs against Canada and Mexico were put on pause for 30 days amid border negotiation

Trump said he'd announce a plan next week to impose "reciprocal" tariffs on countries instead of a "flat fee."

The president said he planned to impose tariffs on countries that tax U.S. products. He also paused an action against China, allowing its low-cost products to again enter the U.S. tariff free.