Many economists already believe it’s a matter of time before Americans start to see sticker shock from the tariffs President Donald Trump has enacted. That timeline could speed up even more if Trump follows through with his latest package of tariff threats slated to take effect in three weeks.

President Donald Trump has been sending letters to countries outlining higher tariffs they’ll face if they don’t make trade deals with the U.S. by Aug. 1.

The U.S. is going to provide more weapons to Ukraine after having recently paused a shipment to the country, Trump said. He added that he's "not happy" with Russian President Vladimir Putin.