The CEOs of Walmart and Target met with President Donald Trump at the White House on Monday to discuss the impact his tariffs could have on the retail industry.

President Donald Trump met with major retailers at the White House, as business executives seek relief from sweeping tariffs that have destabilized global supply chains and rattled US consumers.

U.S. President Donald Trump is set to meet with representatives from major retailers on Monday afternoon to discuss the effects of broad-based tariffs on their businesses, a White House official said.

President Donald Trump already has enacted higher tariffs against U.S. trade partners as part of his plan to rework world trade and encourage more U.S. manufacturing. The chart above shows Trump's new tariffs that are in place already,

President Donald Trump instituted a 90-day pause on some of the “Liberation Day” tariffs he announced April 2, causing chaos in U.S. and global financial markets, but he left in place a universal 10 percent duty on imports and raised tariffs on American imports of most Chinese goods to 145 percent.