President Donald Trump announced a 90-day pause on all tariffs except for those against China, which he said would now rise to 125%.

Trump’s new tariffs took effect at midnight. A selloff of U.S. treasuries is underway. China levies 84% tariff on U.S. goods. Follow along to see how the Dow, S&P 500 and Nasdaq are reacting to an escalation in the trade war.

Facing a global market meltdown, President Donald Trump on Wednesday abruptly backed off his tariffs on most nations for 90 days, but raised his tax rate on Chinese imports to 125%

The global economy appeared to be in open rebellion against President Donald Trump's tariffs as they took effect Wednesday. Business executives are warning of a potential recession caused by his policies,

Beijing declined to say whether it would negotiate with the White House, as many other countries have started doing.

The decision to apply tariffs on a country-by-country basis means that rules about where a product is deemed to come from are now of central importance. The stakes for getting it wrong could be high.

President Donald Trump, after complaining about it for years, signed an order to lift restrictions on water pressure in showers on Wednesday, saying he wanted to "take care of my beautiful hair."

President Trump signed an executive order that eliminates restrictions the Obama administration placed on how much water can flow from shower heads, an effort to conserve resources.

While far from the only Republican defector from President Trump's tariff regimen, Elon Musk is among the most prominent. Here are a few others on Team Trump who have their doubts.

A pair of Donald Trump's top advisers are at odds. Elon Musk called Peter Navarro a "moron" and "dumber than a sack of bricks."

Elon Musk is splitting with Trump over tariff policies. The Supreme Court halted an order for Trump to rehire fired workers. The IRS will share confidential tax data with immigration officials. Trump is signing an executive order to help the dying coal industry.

After attacking Donald Trump’s trade adviser, Elon Musk was silent when Trump paused some tariffs. MSNBC’s Lawrence O’Donnell asks, “When did Elon Musk know that his stock price was going to start climbing back up because Donald Trump was going to announce that he was backing down?

Elon Musk is letting people close to him know he’s very upset with the direction that this is going,” Joe Scarborough said Tuesday morning.

Trump’s new trade policies are raising costs for Tesla and fueling market chaos — and Musk isn’t staying quiet. He’s calling for zero tariffs, clashing with Trump’s top advisor.

Elon Musk sparred on social media Tuesday with White House Senior Counselor Peter Navarro, after Navarro said in an interview Monday that Tesla was a car “assembler" rather than a manufacturer.

Elon Musk has been criticizing Trump’s tariff policy — and publicly. Could there be a strategy? Follow live updates on the Trump administration here. Elon Musk is known for many things. Subtlety is not one of them.