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.

Your Christmas decorations probably come from this one Chinese city. But anxiety is high, with vendors on the front lines of the US-China trade war.

President Trump said he is optimistic that the U.S. can reach a deal on tariffs with China. He also appeared to signal he might lower the current 145% tariffs. Photo: Chris Kleponis/Pool via CNP/Zuma