President Donald Trump said he won't lift current U.S. tariffs, but also won't add tariffs on any more Chinese imports "for at least the time being." He said during a press conference at the G20 Summit in Japan that negotiations will resume "where we left off to see if we can make a deal."

Commerce’s Bureau of Industry and Security added five Chinese computing companies to its Entity List, requiring licenses for all items subject to the Export Administration Regulations with a review policy of presumption of denial. The entities are: Chengdu Haiguang Integrated Circuit, Chengdu Haiguang Microelectronics Technology, Higon, Sugon and Wuxi Jiangnan Institute of Computing Technology.

President Donald Trump said the tariffs on goods from Mexico that were set to begin on June 10 will not take effect on that date after a deal was reached between the two countries. "I am pleased to inform you that The United States of America has reached a signed agreement with Mexico," Trump said in a tweet. "The Tariffs scheduled to be implemented by the U.S. on Monday, against Mexico, are hereby indefinitely suspended."

U.S. exporters and others expressed concern over President Donald Trump’s May 30 threat to impose new tariffs on Mexico, saying the move would lead to retaliatory measures and would significantly damage U.S. manufacturers and farmers.

The Bureau of Industry and Security is issuing a general license temporarily allowing certain transactions with Huawei and 68 of its affiliates without new licensing requirements set by their recent addition to the Entity List. The general license authorizes exports, re-exports and in-country transfers under pre-listing conditions if they are related to the continued operation of existing networks and equipment; support for existing Huawei handsets; cybersecurity research and vulnerability disclosure; or engagement necessary for the development of 5G standards by a recognized standards body. The general license is scheduled for publication in the May 22 Federal Register, and will remain in effect from May 20 through Aug. 19.

The 25 percent Section 232 tariffs on Canadian steel and the 10 percent tariffs on aluminum will be removed within 48 hours, Canada and the U.S. said May 17. When the metals tariffs are removed, Canada will also roll back its retaliatory tariffs, which hit American metals and agriculture, as well as some prepared food. The joint statement said stricter customs enforcement to prevent transshipment will be coordinated between Canada and the U.S.

President Donald Trump said May 17 said the U.S. has also reached an agreement with Mexico to drop U.S. Section 232 tariffs. The Mexican government issued a statement that said it would be lifting all its retaliatory tariffs in response. Mexico had targeted U.S. pork, dairy and metals. Mexican President Andres Lopez Obrador noted in the statement that this agreement will allow the countries to move forward with ratifying the new NAFTA, which is known in that country as the Treaty between Mexico, the United States and Canada, or T-MEC, for the Spanish acronym. The Mexican statement did not say how quickly the tariffs and retaliatory tariffs would be lifted. A joint statement from Canada and the U.S. said tariffs would end under a similar agreement within 48 hours.

The Bureau of Industry and Security issued its notice adding Huawei and 68 of the Chinese telecommunications equipment manufacturer’s affiliates to the Entity List. Effective May 16, the notice imposes a license requirement on Huawei and its listed affiliates for all items subject to the Export Administration Regulations, with a license review policy of presumption of denial. No license exceptions will be allowed for the listed entities. Shipments aboard a carrier to the port of export or re-export as of May 16 may proceed to their destination under their previous eligibility for a license exception or no license required. The notice is scheduled for publication May 21.

China will raise tariff rates on 5,140 tariff lines of U.S. goods in response to the latest escalation in the trade war, the Chinese Foreign Ministry announced May 13. It is not increasing tariffs on the U.S. imports that have not yet been part of retaliation. Instead, it is increasing the previously imposed punitive tariffs from 10 percent to 20 or 25 percent, and increasing other tariffs from 5 percent to 10 percent.

China will still send a delegation to meet with U.S. negotiators on a possible deal to resolve trade issues between the two countries, despite an announcement by President Donald Trump on May 5 to increase Section 301 tariffs against the country, according to a Ministry of Foreign Affairs spokesman. Trump tweeted that the U.S. will increase the current 10 percent tariff on $200 billion in goods to 25 percent on May 10, and may impose additional Section 301 tariffs on over $300 billion in Chinese exports.