16 May | Dollar

Donald Trump plans to impose tariffs on other countries within weeks

Donald Trump plans to impose tariffs on other countries within weeks

Within the next two or three weeks, Donald Trump plans to enact more tariffs on key US trading partners, citing his administration's inability to negotiate deals with all nations simultaneously.

The President stated that nearly 150 countries are interested in settling bargains, but engaging in negotiations with each one is impractical. Therefore, many economies will face duties when conducting business in the United States. Trump said he would dictate tariff levels to countries seeking to avoid higher fees.

Japan, South Korea, India, and the European Union are currently engaged in talks. Recently, Trump reached a trade framework agreement with Britain and a temporary reciprocal tariff reduction with China to allow more time for dialogue. He mentioned that he expects four or five deals to be negotiated in the near future.

The Trump administration is focusing on talks with over a dozen countries. However, labor and capacity constraints make conducting simultaneous negotiations with all nations included in the US reciprocal tariff plan extremely challenging.

Company MarketCheese
Period: 08.07.2025 Expectation: 3000 pips
Buying Bitcoin during consolidation before July growth wave with 110,000 target
Today at 11:09 AM 15
Period: 07.07.2025 Expectation: 2000 pips
Renewed tensions between Musk and Trump weigh on Tesla shares
Today at 08:33 AM 18
Period: 07.07.2025 Expectation: 1900 pips
SPX may retreat to 5,980 following all-time high
Yesterday at 10:08 AM 32
Gold sell
Period: 04.07.2025 Expectation: 5000 pips
Gold's six-month uptrend is under threat as prices test 3250 level
Yesterday at 09:30 AM 91
Period: 04.07.2025 Expectation: 750 pips
AUDCAD rises amid easing geopolitical tensions
27 June 2025 94
Period: 03.07.2025 Expectation: 800 pips
Weak dollar pushes GBPUSD to new highs
27 June 2025 70
Go to forecasts