President Donald Trump's severe tariffs against virtually all U.S. trading partners continued to roil world markets on Monday. Trump threatened to veto a bipartisan bill introduced in the Senate last week that would require congressional approval of any tariffs the president would seek to impose.

President Donald Trump called his sweeping tariffs plan “a very beautiful thing” in a social media post on Sunday night as it continued to roil the world’s economy. In another post Monday, he said trading partners around the world are seeking to negotiate.

After weeks of anticipation and speculation, President Donald Trump followed through on his reciprocal tariff threats by declaring on Wednesday a 10% baseline tax on imports from all countries and higher tariff rates on dozens of nations that run trade surpluses with the United States.