China hits back with export controls, Canada and Mexico remain under threat. USPS closes then reopens "di minimis" small package loophole

Though Trump’s tariff pronouncements have been changing nearly day by day, and sometimes hour by hour, we focus our analysis on the three tariff initiatives that Trump had pledged to implement in short order: 10 percent universal tariffs, 25 percent tariffs on Canada and Mexico, and 60 percent tariffs on China.