President Donald Trump told reporters on Wednesday that he would send letters to the commercial partners next or next week to set unilateral tariff rates.

“From one point on, we will send letters. And I think you understand this, saying that this is the deal, you can take it or leave it, “the president told Kennedy Center in Washington.

Shortly after the introduction of the tariffs that upset the markets, Trump declared a pause ending on July 9. His latest comment, however, simply blurs the water about what could happen next as the deadline approaches.

And the scenario of extension is also examined

Earlier on Wednesday, Finance Minister Scott Bessed told Congress that it was “very likely” to extend the cessation of duties for countries negotiating with the government “in good faith”.

“There are 18 major commercial partners – we are working to reach agreements for them – and it is very likely that for countries that … negotiate in good faith, we will postpone the date forward,” Bessed said during a deposit before the House of Representatives.

Agreement with China

On Tuesday, the US and China agreed to a framework and a plan to alleviate tariff and commercial tensions. Trump welcomed, saying that the deal was “finished”, pending the signature by himself and Chinese President Xi Jing.

Trump and other US officials said the deal should resolve issues between the two countries on rare earths and magnets, although reports later said China would relax the restrictions on exports of fossils of rare land for only one sixth period. Trump also said the US would allow Chinese students access to American colleges, a point of involvement that had arisen in the weeks after the countries’ agreement in May in Geneva.

In addition, he said the US would impose a total of 55% duties on Chinese products. Yahoo Finance’s Ben Werschkul says, citing a White House official, that Trump has reached this percentage by adding a series of pre -existing tariffs rather than new duties.