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Trump: New tariffs will be imposed on many countries in the next two to three weeks

Online reports, according to the British Financial Times, U.S. President Trump said in a meeting with corporate executives in United Arab Emirates on Friday that the United States may unilaterally set new tariff rates on many trading partners instead of reaching an agreement with all trading partners. Washington will impose new tariffs "in the next two to three weeks." Trump added that Treasury Secretary Bessant and Commerce Secretary Lutnick would "send letters that basically tell people how much they need to pay to do business in the United States." Trump said that while "150 countries" wanted a deal,"it was impossible to meet with all countries."

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