If the U.S. implements and sustains a 25% tariff on its neighboring countries, economists say it will have a major impact on Texas.

Ukrainian officials have confirmed the U.S. has partially suspended intelligence support to the country. A Ukrainian intelligence official said the pause included a halt in sharing U.S. satellite imagery through the Defense Intelligence Agency.

Many imports from Canada and Mexico will be exempt from tariffs, as the president quickly reversed a sweeping trade action taken just two days ago after market turmoil.