While in the United Arab Emirates on Friday, U.S. President Donald Trump talked about his plans for tariffs. Here’s what he said, and where his taxes on imports stand now.

President Donald Trump on Friday said the U.S. would begin unilaterally informing many of its trading partners of new tariff rates, rather than securing deals with the countries individually as the White House has repeatedly promised.

Consumers showed signs of weakness last month as retail sales slowed, indicating shoppers may be pulling back as they await possible fallout from tariffs. The trend poses a risk for the wider economy, since consumer spending accounts for roughly two-thirds of economic activity.

T he imposition of Trump tariffs has significantly impacted consumer spending patterns in the United States. In April, retail sales growth slowed to a mere 0.1%, a stark contrast

Trump’s tariff push may raise consumer prices as import taxes drive up business costs and inflation concerns grow.

Donald Trump’s tariffs on China will likely remain at a level expected to severely curtail Chinese exports to the US after the 90-day truce, analysts and investors say, suggesting Beijing may have to endure further economic pain despite active talks.

An easing in President Trump’s tariffs on Chinese goods gave businesses some breathing room. Long-term planning, though, is still on pause.