In April, administration officials vowed to sign trade deals with as many as 90 countries in 90 days. The ambitious target came after Mr. Trump announced, and then rolled back a portion of, steep tariffs that in some cases meant import taxes cost more than the wholesale price of a good itself.

White House Press Secretary Karoline Leavitt confirmed the administration has sent a letter to all of its trading partners ahead of a tariff deadline.

The U.S. has asked countries to make their best offers on trade negotiations by Wednesday, White House spokeswoman Karoline Leavitt said on Tuesday, as U.S. officials ramp up efforts to deliver multiple agreements to President Donald Trump before a self-imposed deadline just five weeks away.

And an electronics manufacturer said President Donald Trump’s sweeping policy changes are “raising hell with businesses.” These accounts — and the picture they paint about the US economy — come from various surveys of businesses released this week from the Federal Reserve,

The US trade deficit more than halved in April as President Donald Trump's global tariffs reversed an import surge that preceded the new duties.