China on Friday struck back at President Trump's ballooning tariffs, raising its duties on imports of US goods to 125% from 84%. The countermeasures will come into effect Saturday, further intensifying a US-China trade war that has roiled US stocks.

U.S. President Donald Trump said on Saturday that he will provide an update on his administration's approach to semiconductor tariffs on Monday. "I'll give you that answer on Monday," Trump told reporters aboard Air Force One.

Smartphones, laptop computers, memory chips and other electronics will be exempt from President Trump’s so-called reciprocal tariffs, another step back that could ease some consumer concerns about an immediate jump in costs for tech products imported from China.

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.

U.S. importers express deepening worry as they brace for the impact of President Trump's 145% levy on Chinese imports.

After President Trump announced a 145% tariff on imports from China, Chinese leaders responded by rising tariffs on American imports from 84% to 125%.

President of the Centre of the American Experiment John Hinderaker discusses the "sabre-rattling” around Donald Trump’s tariffs.