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

Trump delayed the "reciprocal tariffs" in April, vowing to strike roughly 90 trade deals in 90 days. So far, the White House says it has reached trade agreements with only the United Kingdom and Vietnam, as well as a preliminary accord with China.

Products flow in and products flow out of the country - that's the nature of trade in an increasingly globalized world. But U.S. President Trump is seeking to tip the financial scales of that business in favor of the United States.