Trump Will Set Tariff Rates for Other Nations in Weeks

“President Donald Trump said he would set tariff rates for U.S. trading partners ‘over the next two to three weeks,’ saying his administration lacks the capacity to negotiate deals with all of its trading partners,” Bloomberg reports.

“Trump said Friday that Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick ‘will be sending letters out essentially telling people’ what ‘they’ll be paying to do business in the United States.’”