US President Donald Trump said on Sunday his tariff policy was aimed at promoting the domestic manufacturing of tanks and technology products, not sneakers and T-shirts.

President Donald Trump addressed graduates at the US Military Academy in West Point, New York, yesterday, making his second college commencement speech of the year.

Trump is using tariffs to strong-arm smartphone companies into making phones in the USA. However, this is likely never going to happen.

President Trump told cadets in a commencement address at the United States Military Academy at West Point on Saturday that they were the first graduates to serve in a “golden age” of the nation that was a result of his efforts to rebuild the military and reshape American society.

The euro and U.S. dollar rose against the safe-haven yen and Swiss franc on Monday after President Donald Trump set a July 9 deadline for a trade deal with the European Union, rescinding his threat of a 50% tariff from June 1.

The president made the request in a social media post May 25, the latest in an ongoing battle between his administration and the Ivy League university.

President Donald Trump spoke before this year's West Point graduates amid the administration's crackdown on DEI initiatives and touted his support for the military.

One initiative distributes laptops in rural Iowa. Another helped people get back online in North Carolina after Hurricane Helene washed away computers and phones.