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.

David Rosenberg, founder and president of Rosenberg Research, explains why he doesn't think President Donald Trump is in position to impose new tariffs on Canada and Mexico despite his recent rhetoric.