President Trump's self-imposed July 9 deadline on tariffs is fast approaching, with the president and top administration officials providing mixed signals on its malleability while countries race to finalize talks.

U.S. President Donald Trump said Friday that his administration will send letters to countries "over the next week and a half or so" to tell them about their tariff rates, while noting that his pause on "reciprocal" tariffs could be extended or shortened.

European Union leaders considered new US trade proposals ahead of the July 9 deadline for US President Donald Trump's tariffs at a Brussels summit on Thursday. They also addressed the Mercosur trade agreement,