In a dramatic twist during a public appearance at the swearing-in of the new SEC Chair, President Donald Trump acknowledged the controversial 145% tariffs recently imposed on a wide range of Chinese imports.

U.S. President Donald Trump met with major retailers, including Walmart (WMT.N), opens new tab, Home Depot (HD.N), opens new tab, Lowe's (LOW.N), opens new tab and Target (TGT.N), opens new tab, on Monday to discuss broad-based tariffs likely to raise the cost of everyday goods that they import.