Trump touted the expansive new tariffs on imports he imposed Thursday night, telling NBC News in a phone interview that it all was going "very well, very smooth."

President Donald Trump's suspension of reciprocal tariffs ends Friday and the United States has only managed a small portion of his goal for new trade deals.

With President Donald Trump's dramatic tariff hikes on the cusp of starting, countries around the world scrambled on Thursday to finalize their trade frameworks with the United States, figure out the tax rates their goods might face and prepare for the unknown.