China has launched a dispute at the World Trade Organization (WTO) over tariffs imposed by U.S. President Donald Trump on Chinese goods, the Geneva-based body said on Wednesday.

U.S. President Donald Trump and Mexican President Claudia Sheinbaum say their planned tariffs are on hold for a month to give time for further negotiations

Trump on Saturday had directed that 25% tariffs on most imports from the two American partners — and 10% on Canadian energy products — go into effect at midnight Tuesday.

Elon Musk's net worth has declined since Donald Trump took office, primarily due to the impact of new tariffs on his companies.

NBC News White House Correspondents Gabe Gutierrez and Vaughn Hillyard, NPR Technology Reporter Bobby Allyn and Washington Post Education Reporter Laura Meckler discuss President Trump and Elon Musk's attempts to dismantle government programs while pushing the limits of presidential power.

Musk, who last year said “things that inhibit freedom of exchange or distort the market are not good,” became $11 billion poorer Monday.