Trump administration faces pressure to clinch more trade deals, with a temporary tariff freeze on dozens of countries set to expire.

This article will be updated throughout the day, so check back often for more daily updates. President Trump announced tariffs will rise on imports from more than a dozen countries yesterday, then proceeded to widen the tariffs war on a second front.

President Donald Trump says he's not planning to extend a 90-day pause on tariffs on most nations beyond July 9.

SANTIAGO/MEXICO CITY, July 9 (Reuters) - Top officials in Chile and Mexico said on Wednesday they could seek markets elsewhere to avoid tariffs from the Trump administration, a day after U.S. President Donald Trump said he would soon announce a 50% tariff on the red metal.

The trade war between the U.S. and the rest of the world is heating up once again with U.S. President Donald Trump announcing a new set of tariff on goods imported from 14 countries, including allies like Japan and South Korea.

Trump announced, and then quickly paused a range of tariffs on a number of countries. July 9 marks a deadline to impose tariffs and to agree on new trade deals.

Treasury Secretary Scott Bessent said tariff letters will be sent to about 100 countries over the next several days, as the Trump administration’s 90-day tariff pause comes to an end Wednesday.

The minutes from the Federal Reserve's June 17-18 policy meeting are expected on Wednesday to show a divided central bank wrestling with the expected economic impact of rising U.S. import taxes and reluctant to commit to interest rate cuts until it is clearer how much the Trump administration's tariff increases will add to inflation.