Tariffs Explained: As Trump Alters Tariff Plans, Here's What It All Means for You

Experts called Trump's raft of tariffs "worse than the worst-case scenario." There's been a pause, and exemptions -- with things moving fast, here's what to know. International trade will still be widely affected by Trump's tariffs. After months of delays, President Donald Trump's contentious tariff barrage was meant to fully take effect at midnight on Wednesday, but only a few hours later, many of the most widespread duties were delayed, while the focus shifted to China in a big way. Then late Friday, the administration exempted smartphones, laptops and other tech products, many made in China, from tariff fees.