Trump to Set Tariff Rates in Weeks

Good morning. Donald Trump prepares to set the price of trading with the US. Avoid New Jersey Transit today. And Live Nation faces the music on its Covid concert cancellation policies. Listen to the day’s top stories.

Donald Trump said he’d set tariff rates for trading partners over the next two to three weeks, saying his administration would be sending letters telling people what “they’ll be paying to do business in the United States.” His levies on China may stay at 30% through late 2025, a Bloomberg survey showed. Here’s a guide to what’s at stake if the trade war does drag on.