Trump will determine trade tariff rates in the next two weeks
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U.S. President Donald Trump said on Wednesday that he will send messages to major economies to specify the planned trade tariffs in the coming weeks, ahead of the July 9 deadline for reaching trade agreements with his administration.
"At some point, we will send messages saying 'this is the deal', you can accept it or reject it," Trump told reporters at the Kennedy Center.
"We will send messages in a week and a half to two weeks to inform them what the deal is."
Trump stated that talks are ongoing with Japan, South Korea, and about 15 other countries.
It remains unclear whether Trump will stick to his tariff deadline, as the president has set trade-related deadlines from two to three weeks in the past, which have either passed without action or been extended further.
When asked if he was willing to extend his July 9 deadline for trade talks, Trump replied, "I will, but I don’t think we will have to."
The "Day of Liberation" tariffs announced by Trump are set to take effect in early July, after the president initially revealed them in April but announced a 90-day extension for trade talks. The president has threatened to impose high tariffs on the U.S.'s major trading partners unless they agree ... follow me to know the reason