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 is set to resume tariffs of up to 70 percent on dozens of countries, as many trade deals have not materialized. Trump said the White House would be sending

After striking only a few trade deals since declaring a 90-day pause in April, President Trump said he would announce new duties starting Friday.

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.

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,