President Trump’s tariff rollout has taken numerous twists and turns since launching earlier this year. The stakes are climbing ahead of Aug. 1, Trump’s self-imposed deadline for reaching trade deals.

On Monday morning, Trump said the baseline tariff rate for the world will be “in the range of 15 to 20% ... probably one of those two numbers.” “We’re going to be setting a tariff for essentially the rest of the world,

President Trump on Monday said the tariff rate for most countries that don't reach individual trade deals with the U.S. will be "somewhere in the 15 to 20% range," different from the 15% to 50% range he floated only last week.