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, and said he would announce a new slate of “reciprocal tariffs” next week.

WASHINGTON >> President Donald Trump said today he plans to announce reciprocal tariffs on many countries next week, a major escalation of his trade war.

Consumer sentiment fell across all political parties in early February, while expectations of higher inflation soared alongside tariff threats, according to a closely watched gauge from the University of Michigan.

After helping President Trump get elected, Elon Musk was poised to dominate the country’s A.I. policies. Then Mr. Altman sneaked into the White House.

Musk's net worth to drop from about $433B to $401.8B Tesla's stock dropped by as much as 5.2% this week Trump's new tariffs are factors in the drop Tech billionaire Elon Musk’s net worth has declined following the Trump administration’s attempts at imposing new tariffs.

Tech billionaire Elon Musk is seen perched behind President Donald Trump's desk in the Oval Office in their latest cover.