President Donald Trump said the U.S. was “getting very close” to a deal with China, while also threatening to impose higher tariffs on the European Union.

Trump's announcement on CNBC's "Squawk Box" came on the heels of him unveiling new tariff rates on numerous countries, with some facing steep hikes.

President Donald Trump is back at the White House defending new tariffs set to take effect Thursday. Canada, facing a possible 35% tariff.

Africa is adjusting to the new reality of US President Donald Trump’s tariffs, with countries on the continent facing some of the highest export charges.

India and China pushed back against the White House’s threats to impose secondary tariffs on countries buying Russian oil. New Delhi and Beijing are among the biggest importers of energy from Moscow. US President Donald Trump has promised 100% duties on imports from any country that buys oil from Russia.

President Trump’s executive order carved out a special tariff on goods shipped indirectly to the United States by way of other countries.