According to Deep Tide TechFlow, on May 18, U.S. Treasury Secretary Basent stated that, regarding tariff rates, most countries have made very good proposals, with a few exceptions. The U.S. is focusing its tariff discussions on 18 key partnerships. If countries do not negotiate sincerely, they will receive a letter containing U.S. tariff rates. Basent believes that the rate will be at the level of April 2.