Trump was up posting after midnight and claimed that his tariffs are causing the U.S. economy to boom. However, current economic data and expert analysis contradict this assertion. According to the OECD (Organization for Economic Co-operation and Development),

President Donald Trump is using his love of tariffs to threaten high-profile American companies. Over the past month, Trump has said he’d like to target two specific and very different companies — Apple and Mattel — with tariffs aimed at their key products over comments by their CEOs.

The twists and turns in U.S. President Donald Trump's tariff policies have not only rattled global financial markets but have also taken investors on a roller-coaster ride. Companies are counting the cost of the trade war that is now being estimated at more than $34 billion in lost sales and higher expenses,

The Trump administration is pressuring trade partners to make a deal as tariff threats loom. The U.S. trade representative's office recently sent letters to foreign countries telling them to make their best trade offers by Wednesday.