The United States is close to finalizing several trade pacts in coming days and will notify other countries of higher tariff rates by July 9, President Donald Trump said on Sunday, with the higher rates set to take effect on August 1.

The United States is preparing to conclude several trade agreements in the coming days, with President Donald Trump confirming that formal notification of revised tariff rates will be issued to other nations by July 9.

As the Wednesday deadline looms, Treasury Secretary Scott Bessent echoes the president’s talk of an Aug. 1 date, saying tariffs would revert then to levels announced in April.