President Donald Trump’s decision to impose a steep tax on most goods that come into America has tested the mettle of small business owners whose companies are reliant on global trade.

Trump and his aides have repeatedly shifted their stance on tariffs in the weeks since the president’s “Liberation Day” announcement.

China’s defiant stance in negotiating a tariff truce with the US has convinced some countries they need to take a tougher position in their own trade talks with the Trump administration.

“Walmart should STOP trying to blame Tariffs as the reason for raising prices throughout the chain,” Trump said. “Walmart made BILLIONS OF DOLLARS last year, far more than expected. Between Walmart and China they should, as is said, ‘EAT THE TARIFFS,’ and not charge valued customers ANYTHING. I’ll be watching, and so will your customers!!!”

Treasury Secretary Bessent told NBC that if nations don't want to negotiate with the US, then their tariffs will "spring back to the April 2nd level."

Walmart has indicated that consumers will soon start seeing higher costs as Trump's tariffs have begun to take effect. And retailers broadly have tried to warn consumers about imp

The president returned to Washington from a Middle East trip to find his tariffs and a U.S. debt downgrade remain a concern for businesses and the market.

President Trump's pause on the steepest China tariffs masks the true cost many importers are facing from stacking of trade taxes.