Trump says the clock is ticking for 150 countries to make a deal or face higher tariffs

Contributing sentiments towards policy:

53% : They could go much higher: Trump last month said he'd declare "total victory" if import taxes were as high as 50% a year from now.
53% : " Trump said in the interview, conducted in late April, that he would announce those deals "over the next three to four weeks."
51% : It has also rattled markets, sending stocks tumbling before they rebounded over the past several weeks as Trump has expressed openness to negotiations on trade.
51% : That same week, Trump said he'd announce those deals in two to three weeks' time.
49% : But ultimately, I've made all the deals," Trump said in a Time interview last month.
48% : Without those negotiated deals, Trump could impose reciprocal tariffs - some of which are as high as 50%.
48% : "In the end, I think what's going to happen is we're going to have great deals, and by the way, if we don't have a deal with a company or a country, we're going to set the tariff," Trump said last month.
48% : Unlike the UK, whose tariff was set at 10%, other countries will pay a higher rate, Trump said.
47% : "I guess you could say they could appeal it, but for the most part I think we're going to be very fair, but it's not possible to meet the number of people that want to see us," Trump said.
45% : Trump has floated a similar idea before, albeit on a timeframe that has since elapsed.
45% : " So far, the Trump administration has managed to announce two new frameworks for trade negotiations that resulted in lower tariffs or lower trade barriers with other countries.
45% : Trump has previously said his administration is rapidly constructing scores of deals that could make trade with other nations fairer and bring manufacturing back to the United States.
43% : So Trump said he'd give other countries a few more weeks, and then Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick would simply tell America's trading partners what their new tariffs are.
43% : Trump officials have said around 100 countries have offered to negotiate deals, setting a tremendously difficult task before US trade negotiators to race against the clock to make new commitments.
43% : Trump's negotiators have said they are in active discussions with a dozen or so countries, and Trump has said he is close to announcing several more agreements.
41% : Although that's lower than the 23% in effect last week, before the Trump administration agreed to lower tariffs on Chinese goods, it's way higher than the 2.3% average tariff rate from before Trump took office for the second time.
40% : The new tariffs It's not clear what new tariffs Trump will set on countries that are unable to strike a deal with the United States in the coming weeks - and whether those new tariffs will permanently supersede the paused reciprocal tariffs or merely serve as an interim tariff while negotiations continue.
38% : " Trump on April 9 paused his massive so-called reciprocal tariffs, which he announced on what he called "Liberation Day" on April 2.
38% : Although Lutnick and some other administration officials have described the 10% tariff as a "baseline," Trump earlier this month rejected that notion, suggesting that US importers would pay a tariff of more than 10% to bring in goods from most countries.
37% : At the conclusion of his Middle East trip Friday, Trump acknowledged that trade negotiations are progressing too slowly to accommodate every country that wants to strike a new trade deal with the United States.
37% : After announcing the framework for trade negotiations with the UK, Trump said other countries wouldn't get such a good deal.
37% : Despite Trump and his administration's rhetoric, actual trade deals take a lot of time - often years - to hash out.
30% : On April 23, in the Oval Office, Trump said his administration would "set the tariff" for countries that fail to negotiate new terms in the following few weeks.
27% : "We have, at the same time, 150 countries that want to make a deal, but you're not able to see that many countries," Trump said during a business roundtable in Abu Dhabi Friday.
22% : Trump's back-and-forth stance on tariffs has caused incredible uncertainty for businesses and consumers, and mainstream economists say the chances of a US recession - though falling as Trump has backed off many of his most aggressive trade policies - are roughly a coin flip.

*Our bias meter rating uses data science including sentiment analysis, machine learning and our proprietary algorithm for determining biases in news articles. Bias scores are on a scale of -100% to 100% with higher negative scores being more liberal and higher positive scores being more conservative, and 0% being neutral. The rating is an independent analysis and is not affiliated nor sponsored by the news source or any other organization.