Excluding a truce with China, four Asian nations have now reached deals, with just over a week before the grace period expires.

Commerce Secretary Howard Lutnick expressed confidence Sunday that the Trump administration will cut trade deals with key U.S. trading partners in the coming weeks — before steep tariffs kick in for dozens of countries.

Some commodities have also been subject to individual tariffs. Trump recently announced a 50% tariff on copper imports, effective from 1 August. Steel and aluminium imports are already subject to a 50% tariff from most countries, though in the UK’s case this is 25%.

Since July 7, Trump has been sending out new tariff rates for countries across the globe, including major trading partners Canada, Japan, South Korea, and the European Union (E.U.). He said on July 8 that his Administration views the unilateral tariff rates as deals, though the letters shared thus far do not describe negotiated trade deals.

The tariff rate for goods imported into the U.S. from both the Philippines and Indonesia will be 19%, the president said.

Trump’s tariffs and recent trade deals continue to affect global markets. Follow along for live updates on the Dow, S&P 500 and Nasdaq.

The president’s supporters portray him as a top dealmaker. But, at least for now, far more trading partners have gotten stiff tariffs than trade deals.

President Donald Trump set a deadline for countries to make trade deals with the United States. One of the lists includes a 50% tariff on copper imports, effective August 1.

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.

The Dow, S&P 500 and Nasdaq remain volatile as trade deals and tariffs keep investors in limbo. Amazon’s Prime Day met with fierce competition as Walmart, Costco offer their own deals. Oil inches higher.

Trump’s tariffs and recent trade deals continue to affect global markets. Follow along for live updates on the Dow, S&P 500 and Nasdaq.

Viktor Shvets, Head of Global Desk Strategy at Macquarie Capital, says the recent tariff deals the U.S. has struck with other nations have given the markets something to cheer about, but he questions how much risk premia are still attached to the U.