JUST IN: 🇺🇸🇨🇳 President Trump says China has "ripped us off left and right. But now it's our turn to do the rippin."

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JUST IN: 🇺🇸 President Trump says countries are "kissing my ass" to make new trade deals.

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JUST IN: 🇺🇸 Worldwide US tariffs officially in effect.

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JUST IN: 🇯🇵 Japan's Nikkei 225 stock market falls 5%.

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JUST IN: 🇨🇳 🇺🇸 China Central Bank asks state-owned banks to reduce US dollar purchases.

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JUST IN: 🇺🇸 Former Treasury Secretary Summers says US might be headed for a "serious financial crisis."

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JUST IN: 🇨🇳 China says "we are prepared to deal with uncertainties."

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JUST IN: 🇺🇸 🇨🇳 Treasury Secretary Scott Bessent says China can raise tariffs "but so what."

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JUST IN: 🇺🇸 🇨🇳 Treasury Secretary Bessent says "everything's on the table" when asked about removing Chinese stocks from US stock exchanges.

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JUST IN: JPMorgan CEO Jamie Dimon says he is hearing "recessionary talk."

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JUST IN: 🇺🇸 President Trump says "pass the tax cut bill NOW! Our country will boom."

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JUST IN: 🇺🇸 Treasury Secretary Bessent says Wall Street has grown wealthier for four decades, so "for the next four years, it’s Main Street's turn."

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JUST IN: 🇪🇺 🇺🇸 European Union to impose between 10% and 25% tariffs on US goods.

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JUST IN: 🇺🇸 President Trump says "this is a great time to buy!"

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JUST IN: 🇺🇸 Treasury Secretary Scott Bessent says the US government is looking at "regulatory impediments to blockchain, stablecoins, and new payment systems."

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