China hits back with export controls, Canada and Mexico remain under threat. USPS closes then reopens "di minimis" small package loophole

Trump has long proposed raising tariffs—or taxes on imported goods that the businesses importing them pay the U.S. government—before the election, and said in November he’ll impose a 25% tariff rate on all imports from Mexico and Canada on the first day of his presidency and will impose an additional 10% tariff rate on all imports from China on top of other tariffs.

Chinese authorities set a stronger-than-expected guidepost for trading in the yuan, suggested Beijing is reluctant to use a weaker currency to offset new U.S. tariffs. The People’s Bank of C