Negotiators from more than a dozen major U.S. trading partners are rushing to reach agreements with U.S. President Donald Trump's administration by a July 9 deadline to avoid import tariffs jumping to higher levels,

U.S. farmers had to navigate a trade war during Trump’s first term, but did so after years of rising commodity prices and government aid. This trade war is worse.

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.