The effects of tariffs on their businesses and the broader economy are being warned about by top executives of well-known US companies.
Citing economic uncertainties, consumer goods company Procter & Gamble, footwear manufacturer Skechers, and technology behemoth Intel have all lowered or canceled their profit projections.
US President Donald Trump has been attempting to bring important trading partners to the bargaining table by imposing high tariffs in an effort to rebalance relations.
There have been indications of progress in negotiations with South Korea, but no new trade agreements between the US and other nations have been disclosed as of yet.