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US signals trade announcements imminent as deadline looms

  • The United States will announce several trade updates within 48 hours, according to Treasury Secretary Scott Bessent.
  • President Donald Trump stated that tariff letters will begin delivery at 12pm ET on Monday.
  • Scott Bessent noted that new proposals for trade negotiations are expected in the coming days, suggesting increased activity.
  • Bessent is set to meet his Chinese counterpart soon to explore further trading opportunities.
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U.S. Treasury Secretary Scott Bessent said Monday that his government will make several announcements regarding its trading partners in the next 48 hours - that is, just before the ‘tariff extension’ expires, in declarations to the CNBC chain.

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(Washington = Yonhap News) Correspondent Park Sung-min = U.S. Treasury Secretary Scott Besant said on the 7th (local time), "The U.S. will make several (trade agreement) announcements within the next 48 hours...

·Korea, Republic of
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El Economista broke the news in on Monday, July 7, 2025.
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