U.S. Customs and Border Protection announced late Friday that some smartphones, computers, chips and other electronics would be exempted from tariffs, but Trump's top economic advisers hit the Sunday talk shows to explain the policy, saying that tariffs against electronics would be coming in the next month or two.

The impact of the trade war between the U.S. and China is being felt on both sides of the Pacific. Businesses, large and small, have been forced to halt production and cancel orders as Trump's tariffs go into effect.