Trump administration faces pressure to clinch more trade deals, with a temporary tariff freeze on dozens of countries set to expire.

President Donald Trump's second term economic plan can be summed up in one word: tariffs. As his barrage of import taxes went into overdrive in recent months, markets trembled and business leaders sounded alarms about the economic damage they would cause.

President Donald Trump’s trade war risks reigniting next week when a temporary pause on sweeping tariffs is set to expire, potentially driving up costs for businesses and raising prices for consumers

Time has run out for some US trade partners looking to make deals ahead of President Trump's July 9 deadline for tariffs to snap back to higher levels. Letters will start going out to countries on Friday to notify them of the tariff rates they will face on imports to the US,

American tariffs on dozens of countries will come into effect next Wednesday as scheduled, although several deals could still be worked out before then, President Donald Trump confirmed Friday.

US President Donald Trump said his administration will probably start notifying trading partners Friday of the new US tariff on their exports effective Aug. 1, while reiterating a preference for simplicity over complicated negotiations five days before his deadline for deals.