President Donald Trump expressed frustration with U.S.-Japan trade negotiations on Monday as Treasury Secretary Scott Bessent warned that countries could be notified of sharply higher tariffs as a July 9 deadline approaches despite good-faith negotiations.

President Trump said that letters to trading partners will be going out soon to establish tariff rates, ahead of the July 8 expiration on the pause on his hefty “reciprocal” tariffs. “Basically, and I’m for doing it right now,

As the July 9 deadline nears, President Trump indicated letters could substitute for formal trade agreements amid stalled talks. His promise of 90 deals in 90 days remains unfulfilled, raising concern