#TrumpTariffs President Donald Trump told reporters on Wednesday that in the next week or two he will send letters to trade partners indicating unilateral tariff rates.

"At some point, we will just be sending out letters. And I think you understand that, by saying this is a deal, you can either accept it or reject it," the president said at the Kennedy Center in Washington.

Shortly after the introduction of new high tariffs that rattled markets, Trump announced the suspension of his harshest tariffs, which expire on July 9. However, his latest comment only muddles the waters regarding what may happen next as the deadline approaches.

Earlier on Wednesday, Treasury Secretary Scott Bessent told Congress that it is "quite likely" that the tariff pause will be extended for countries that are negotiating with the administration "in good faith."