WASHINGTON (Reuters) -The United States will make several trade announcements in the next 48 hours, Treasury Secretary Scott Bessent said on Monday, ahead of a U.S. deadline on Wednesday to finalize trade pacts.

President Donald Trump confirmed that the U.S. would start sending out tariff notices from 12:00 pm ET on Monday. However, these notices are not expected to be firm demands.

The White House is about to flood the world with trade ultimatums and deals. Treasury Secretary Scott Bessent says his inbox is brimming with offers as the US threatens fresh tariffs on countries siding with BRICS.

Steep tariff rates are set to go back into effect after a 90-day pause on the April 2 rates that rocked the stock market.

Tariffs are set to return to President Donald Trump's original April levels without new trade deals by August 1, Treasury Secretary Bessent said Sunday.

America is close to clinching several trade deals ahead of a July 9 deadline when higher tariffs were due to kick in, Treasury Secretary Scott Bessent said.

But the Treasury secretary also said that some countries working toward agreements with the United States could have until Aug. 1.

The United States is close to clinching several trade deals ahead of a July 9 deadline when higher tariffs were due to kick in, U.S. Treasury Secretary Scott Bessent said on Sunday, predicting several big announcements in coming days.