PHOTO COLLECTION: Trump Tariffs

Wall St sign is seen outside the New York Stock Exchange, Thursday, April 10, 2025, in New York. (AP Photo/Yuki Iwamura)

People walk past the Nasdaq MarketSite, Thursday, April 10, 2025, in New York. (AP Photo/Yuki Iwamura)

A general view shows the New York Stock Exchange, Thursday, April 10, 2025, in New York. (AP Photo/Yuki Iwamura)

Stock prices are displayed at the Nasdaq MarketSite, Thursday, April 10, 2025, in New York. (AP Photo/Yuki Iwamura)

A general view shows the Nasdaq MarketSite, Thursday, April 10, 2025, in New York. (AP Photo/Yuki Iwamura)

A vendor arranges gold jewelry in Jakarta, Indonesia, Thursday, April 10, 2025. (AP Photo/Achmad Ibrahim)

Filipino Andy Chavez peddles different kinds of goods to motorists during traffic along a busy street in Quezon city, Philippines, Thursday, April 10, 2025. (AP Photo/Aaron Favila)

Made in China labels are shown on products in Carmel, Ind., Wednesday, April 9, 2025. (AP Photo/Michael Conroy)

A general view shows the New York Stock Exchange, Thursday, April 10, 2025, in New York. (AP Photo/Yuki Iwamura)

A screen shows S&P 500 price at the Nasdaq MarketSite, Thursday, April 10, 2025, in New York. (AP Photo/Yuki Iwamura)

Containers with Yang Ming Marine Transport Corporation, a Taiwanese container shipping company, are stacked up at the Port of Los Angeles with the the Long Beach International Gateway Bridge seen in the background on Wednesday, April 9, 2025 in Los Angeles. (AP Photo/Damian Dovarganes)

A person with a shopping bag and cart walks past a grocery store in the Chinatown neighborhood, Wednesday, April 9, 2025, in New York. (AP Photo/Yuki Iwamura)

A man unloads sacks with goods in a gifts whole-store at Eminonu commercial area, in Istanbul, Turkey, Wednesday, April 9, 2025. (AP Photo/Francisco Seco)

A person walks out of the New York Stock Exchange, Thursday, April 10, 2025, in New York. (AP Photo/Yuki Iwamura)

Store owner Kyung Sook Im cleans the floor of her shop in the Toy District of Los Angeles, Wednesday, April 9, 2025, where the majority of the merchandise is imported from China. (AP Photo/Jae C. Hong)

A man works on the production line at a textile manufacturer in Sao Paulo, Wednesday, April 9, 2025. (AP Photo/Andre Penner)

In this aerial view, trucks and containers are parked at Iraq’s main port of Umm Qasr, near the city of Basra, 340 miles (550 kilometers) southeast of Baghdad, Iraq, Wednesday, April 9, 2025. (AP Photo/Nabil al-Jourani)

Women labourers pluck tea leaves in a tea garden on the outskirts of Guwahati, India, Wednesday, April 9, 2025. (AP Photo/Anupam Nath)

Shopkeepers wait for customers as jewelry is displayed at a jewelry shop at a gold market in Dubai, United Arab Emirates, Wednesday, April 9, 2025. (AP Photo/Altaf Qadri)

A worker operates packing machines at Lego factory in Binh Duong, Vietnam Wednesday, April 2, 2025. (AP Photo/Hau Dinh)

Lego characters in Vietnamese traditional costumes are displayed at Lego factory in Binh Duong, Vietnam Wednesday, April, 2, 2025. (AP Photo/Hau Dinh)

Lego bricks are moved on conveyor belt at Lego factory in Binh Duong, Vietnam Wednesday, April 2, 2025. (AP Photo/Hau Dinh)

This image released by The LEGO Group, shows a Lego factory in Binh Duong, Vietnam. (The LEGO Group via AP)

A man takes a picture with his mobile phone near electronic board displaying stock prices at the Indonesia Stock Exchange, in Jakarta, Indonesia, Wednesday, April 9, 2025. (AP Photo/Achmad Ibrahim)

Cranes work on stacks of containers at Bangkok Port in Bangkok, Thailand, Wednesday, April 9, 2025. (AP Photo/Sakchai Lalit)

New cars sit in Haifa’s port, Israel, Wednesday, April 9, 2025. (AP Photo/Ariel Schalit)

Merchant ships wait outside Haifa’s port, Israel, Wednesday, April 9, 2025. (AP Photo/Ariel Schalit)

A person is reflected in a decoration of the Louis Vuitton flagship store Wednesday, April 9, 2025 in Paris. (AP Photo/Michel Euler)

Workers are seen in an apparel factory at the Katunayake export processing zone in Colombo, Sri Lanka, Wednesday, April 9, 2025. (AP Photo/Eranga Jayawardena)

Workers pack garments produced at a factory run by the Bangladesh based Urmi Group in Narayanganj, Bangladesh, Tuesday, April 8, 2025. (AP Photo/Mahmud Hossain Opu)

A worker stitches a garment at a factory run by the Bangladesh based Urmi Group in Narayanganj, Bangladesh, Tuesday, April 8, 2025. (AP Photo/Mahmud Hossain Opu)

A trader reacts as other traders work on the options trading floor at the Cboe Global Markets in Chicago, Tuesday, April 8, 2025. (AP Photo/Nam Y. Huh)

People walk past a retirement advertisement from Merrill Lynch in Los Angeles Tuesday, April 8, 2025. (AP Photo/Jae C. Hong)

Trucks arrive at Port Miami, Tuesday, April 8, 2025, in Miami. (AP Photo/Marta Lavandier)

A woman exits a local market in New York’s Chinatown, Tuesday, April 8, 2025. (AP Photo/Eduardo Munoz Alvarez)

Commuters arrive at Wall Street station, Tuesday, April 8, 2025, in New York. (AP Photo/Yuki Iwamura)

“We Buy Gold” signs are displayed in the window of a jewelry store in Los Angeles, Tuesday, April 8, 2025. (AP Photo/Jae C. Hong)

A trader works on the options trading floor at the Cboe in Chicago, Tuesday, April 8, 2025. (AP Photo/Nam Y. Huh)

Shipping containers are seen near downtown Los Angeles, Tuesday, April 8, 2025. (AP Photo/Jae C. Hong)

Electronic board shows currency prices at a currency exchange near Grand Central Station, Tuesday, April 8, 2025, in New York. (AP Photo/Yuki Iwamura)

Traders work on the options trading floor at the Cboe Global Markets in Chicago, Tuesday, April 8, 2025. (AP Photo/Nam Y. Huh)

A tailor stitches a men shirt at a small factory in Karachi, Pakistan, Tuesday, April 8, 2025. (AP Photo/Fareed Khan)

Goldsmith wait for customers at their gold jewelry shop in Lahore, Pakistan, Tuesday, April 8, 2025. (AP Photo/K.M. Chaudary)

Factory workers operate machines to make garments at UHM Ltd. in Narayaganj, Bangladesh, Tuesday, April 8, 2025. (AP Photo/Mahmud Hossain Opu)

People stroll in the business district of La Defense, outside Paris, ,Tuesday, April 8, 2025. (AP Photo/Thibault Camus)

View of the market surveillance room of the Euronext France,Tuesday, April 8, 2025 the business district of La Defense, outside Paris. (AP Photo/Thibault Camus)

Containers at the port of Barcelona, Spain, Tuesday, April 8, 2025. (AP Photo/Emilio Morenatti)

A cargo ship laden with containers leaves the cargo terminal at the port of Barcelona, Spain, Tuesday, April 8, 2025. (AP Photo/Emilio Morenatti)

A cargo ship full of containers leaves the cargo terminal at the port of Barcelona, Spain, Tuesday, April 8, 2025. (AP Photo/Emilio Morenatti)

An Israeli shopkeeper places a price tag for his watermelon at his fruit and vegetable stall in the Machane Yehuda Market in Jerusalem, Israel, Tuesday, April 8, 2025. (AP Photo/Maya Alleruzzo)

People walk outside an Apple Store in Berlin, Germany, Tuesday, April 8, 2025. (AP Photo/Ebrahim Noroozi)

A trader sits on the trading floor of the Frankfurt Stock Exchange in front of the display board showing the DAX stock index in Frankfurt, Germany, Tuesday, April 8, 2025.(Arne Dedert/dpa via AP)

Containers ship MSC Agna II sails across the Bosphorus strait, on its way from Turkey’s Asyaport harbor to Georgia’s Poti port, in Istanbul, Turkey, Tuesday, April 8, 2025. (AP Photo/Francisco Seco)

A seller attends a client at the Fener street food market, in Istanbul, Turkey, Tuesday, April 8, 2025. (AP Photo/Francisco Seco)

Labourers work on the construction of a bridge in Guwahati, India, Tuesday, April 8, 2025. (AP Photo/Anupam Nath)

A customer counts dollars inside a forex shop in Guwahati, India, Tuesday, April 8, 2025. (AP Photo/Anupam Nath)

A labourer works on the construction of a bridge in Guwahati, India, Tuesday, April 8, 2025. (AP Photo/Anupam Nath)

A goldsmith makes gold jewelry in Ahmedabad, India, Tuesday, April 8, 2025. (AP Photo/Ajit Solanki)

Indian workers push a cart loaded with carpets at a factory on the outskirts of Jammu, India, Tuesday, April 8, 2025. (AP Photo/Channi Anand)

An Indian worker checks thread reels on a carpet weaving machine at a factory on the outskirts of Jammu, India, Tuesday, April 8, 2025. (AP Photo/Channi Anand)

An Indian worker displays carpets at a factory on the outskirts of Jammu, India, Tuesday, April 8, 2025. (AP Photo/Channi Anand)

Indonesian Finance Minister Sri Mulyani Indrawati delivers a speech as commodity prices are displayed on the screen during an event called Economic Gathering with the President of the Republic of Indonesia, in Jakarta, Indonesia, Tuesday, April 8, 2025. (AP Photo/Dita Alangkara)

An employee holds U.S dollars banknotes at a money changer in Jakarta, Indonesia, Tuesday, April 8, 2025. (AP Photo/Tatan Syuflana)

An employee counts rupiah banknotes at a money changer in Jakarta, Indonesia, Tuesday, April 8, 2025. (AP Photo/Tatan Syuflana)

Containers pile up at Kwai Chung Container terminal in Hong Kong, Tuesday, Apr. 8, 2025. (AP Photo/Chan Long Hei)

Containers pile up at Kwai Chung Container terminal in Hong Kong, Tuesday, Apr. 8, 2025. (AP Photo/Chan Long Hei)

Local fishermen on their boats sail past huge cranes loading containers on to ships at a port in Chennai, India, Tuesday, April 8, 2025. (AP Photo/R. Parthibhan)

Container ship is docked at Kwai Chung Container terminal in Hong Kong, Tuesday, Apr. 8, 2025. (AP Photo/Chan Long Hei)

Tugboats assist a container ship as it prepares to dock at the Manila International Container Terminal at the Philippine capital on Tuesday, April 8, 2025. (AP Photo/Aaron Favila)

Stacks of containers at the Manila International Container Terminal at the Philippine capital on Tuesday, April 8, 2025. (AP Photo/Aaron Favila)

Export vehicles are parked at Daikoku Pier in Yokohama, near Tokyo, Tuesday, April 8, 2025. (AP Photo/Hiro Komae)

People walk in the the City of London financial district, London, Tuesday, April 8, 2025. (AP Photo/Alberto Pezzali)

Shoppers walk near a Nike store in Beijing, China, Tuesday, April 8, 2025. (AP Photo/Ng Han Guan)

Women are silhouetted, as they walk past a Nike signage on display outside the Nike store inside a shopping mall, in Beijing, Tuesday, April 8, 2025. (AP Photo/Andy Wong)

Visitors rest on wobbling seats in Beijing, China, Tuesday, April 8, 2025. (AP Photo/Ng Han Guan)

A delivery worker walks by the office buildings at the Central Business District in Beijing, Tuesday, April 8, 2025. (AP Photo/Andy Wong)

A vendor sells fruits in downtown Los Angeles, Tuesday, April 8, 2025. (AP Photo/Jae C. Hong)

A worker drives a forklift past shelves of Canadian spruce planks, at Shell Lumber and Hardware, Tuesday, April 8, 2025, in Miami. (AP Photo/Rebecca Blackwell)

A woman pushes her cart with dried noodles at Chinatown in New York, Tuesday, April 8, 2025. (AP Photo/Eduardo Munoz Alvarez)

Figurines depicting former presidents of the United States are displayed for sale at a souvenir store in Times Square, in New York, Tuesday, April 8, 2025. (AP Photo/Yuki Iwamura)

The “OOCL Bauhinia” container ship is covered by fog as it moors at the Long Beach Container Terminal at Middle Harbor in the Port of Long Beach, Calif., Tuesday, April 8, 2025. (AP Photo/Damian Dovarganes)

Screen shows a news about stock market at the Nasdaq MarketSite, Thursday, April 10, 2025, in New York. (AP Photo/Yuki Iwamura)

Containers are transported by trains and trucks out of the Long Beach Container Terminal in the Port of Long Beach, Calif., Tuesday, April 8, 2025. (AP Photo/Damian Dovarganes)

A person walks by a Dior store Tuesday, April 8, 2025, in Las Vegas. (AP Photo/John Locher)

People walk by a shopping mall along the Las Vegas Strip, Tuesday, April 8, 2025, in Las Vegas. (AP Photo/John Locher)

Vehicles for export sit parked at a port in Pyeongtaek, South Korea, Wednesday, April 9, 2025. (AP Photo/Lee Jin-man)

Cranes and shipping containers are seen at a port in Pyeongtaek, South Korea, Wednesday, April 9, 2025. (AP Photo/Lee Jin-man)

A person walks past the Nasdaq MarketSite, Thursday, April 10, 2025, in New York. (AP Photo/Yuki Iwamura)

A woman covers her face with a paper as she walks by an electric vehicle charging station outside of a Tesla dealership, in Beijing, Wednesday, April 9, 2025. (AP Photo/Andy Wong)

A man gets his Tesla vehicle charged at an electric vehicle charging station outside of a Tesla dealership, in Beijing, Wednesday, April 9, 2025. (AP Photo/Andy Wong)

Motorists and office buildings are reflected on a brokerage house’s window as an electronic board displays Shanghai shares trading index in the Central Business District, in Beijing, Wednesday, April 9, 2025. (AP Photo/Andy Wong)