#TrumpTariffs

What you need to know

President Donald Trump's tariffs will go into effect at midnight tonight, including an expected 104% tariff on China.

U.S. Customs and Border Protection says it is prepared to begin collecting country-specific tariffs from 86 U.S. trade partners starting at 12:01 a.m. ET.

U.S. markets sold off sharply this afternoon, heading into the midnight tariff deadline.

Tesla CEO Elon Musk is escalating his attacks on top Trump trade advisor Peter Navarro.

The president says China "wants to make a deal, badly, but they don't know how to get it started."

Former Commerce Secretary Carlos Gutierrez says the U.S. and China are in a full blown trade war.

Newly confirmed U.S. Trade Representative Jamieson Greer, testified before the Senate Finance Committee at a hearing on the president's 2025 trade policy agenda.

European Commission President Ursula von der Leyen says the EU is willing to negotiate with the U.S. on tariffs, yet is also preparing to retaliate.

Two billionaire Trump backers, Ken Langone and Ken Griffin, are furious about the tariffs.