He said about the unilateral tariffs: "You don't have to use it. You don't have to shop in the United States, as I say."

Lawmakers made hundreds of trades after Trump's April 2 speech, as markets swung on news of sweeping new tariffs.

Automakers are facing increasing cost pressures stemming from tariffs. In recent weeks, Ford Motor and Subaru of America have hiked prices on some models due to higher costs from Trump's tariffs. In May, Ford estimated tariffs would cost it about $1.5 billion in adjusted earnings.

As "No Kings Day" rallies kick off across the country, here is President Trump's approval rating in each state.

US stocks open down after Trump raised tariff tensions by promising unilateral tariff rates within two weeks. Boeing shares fall after a deadly crash.

Britain’s economy shrank by the most in nearly two years in April, when President Donald Trump’s tariffs also caused UK goods exports to the United States to fall by a record amount.

President Donald Trump said he intended to send letters to trading partners in the next one to two weeks setting unilateral tariff rates, ahead of a July 9 deadline to reimpose higher duties on dozens of economies.

Consumer sentiment has risen so far in June as the swirl of concerns related to President Donald Trump's tariffs have chilled.