Trump to meet with trade team this week to set tariff rates: White House

With the U.S. set to end its tariff pause next Wednesday, President Donald Trump is expected to hold meetings with his trade team this week to discuss pending deals and set country-specific rates.

Our Kim Bo-kyoung tells us more.

With the July 9th tariff pause deadline approaching, U.S. President Donald Trump is reportedly planning meetings with his trade team this week to set tariff rates for individual countries.

This, according to White House press secretary Karoline Leavitt during a briefing on Monday.

"He is going to set the rates for many of these countries if they don't come to the table to negotiate in good faith. And he is meeting with his trade team this week to do that."

This echoes Director of the National Economic Council, Kevin Hassett, who said in an interview that there will be a marathon meeting as soon as the "One Big Beautiful Bill Act" passes before Independence Day on the Fourth of July.

While saying Trump will review tariff plans one country at a time, he added that the number of deals in hand is in the double digits, with a framework for negotiations in place similar to what was used to strike a deal with the UK last month.

Treasury Secretary Scott Bessent also warned countries to cooperate during an interview with Bloomberg TV.

Though there are countries that are negotiating in good faith with the U.S., he said, they should be aware that the tariffs could spring back to April 2nd levels, if the deal does not get across the line.

Warnings have also been directed at specific countries.

Trump, in a post on Truth Social, said Washington would be sending Tokyo a letter, while threatening to impose higher tariffs on Japanese exports to the U.S. over Japan's unwillingness to buy American-grown rice despite a massive rice shortage.

Specific details of what the letter might contain have not been disclosed.

Kim Bo-kyoung, Arirang News.