President Donald Trump opened his remarks alongside NATO Secretary-General Mark Rutte in the Oval Office on Monday by threatening "severe tariffs" against Russia. "We're very, very unhappy with them," Trump said of Russia. "And we're going to be doing very severe tariffs if we don't have a deal in 50 days."

President Donald Trump said he will impose tariffs ranging from a minimum rate of 15% to a clip as high as 50% as his Aug. 1 deadline looms. “We’ll have a straight, simple tariff of anywhere between 15% and 50%,

U.S. President Donald Trump announced more trade deals this week as his deadline for Canada and the United States to negotiate a new economic and security partnership draws closer.

Trump said on Wednesday that he will only lower tariffs if countries agree to open their markets to U.S. businesses, pointing to fresh agreements with Japan and Indonesia that he claimed mark a historic shift in bilateral trade dynamics.