President Donald Trump’s sweeping tariff threats have been touch and go. As it stands currently, the 25 percent tax on goods from Mexico and Canada is on ice for a month, but a 10 percent tariff on Chinese goods is set to take effect on Tuesday, via an executive order of questionable legality.

If the proposed Taiwan-based chip tariffs kick in, tech products could get pricey, and here's what it means for you

In remarks to reporters Tuesday, Trump said the duties would be around 25% and “go very substantially higher over a course of a year.”