President Trump's trade plans are likely to be significantly clearer by the end of this week, but an array of comments from the president and his team have underlined to markets that finality may be elusive.

American tariffs on dozens of countries will come into effect next Wednesday as scheduled, although several deals could still be worked out before then, President Donald Trump confirmed Friday.

While the Trump administration in the United States is prepping to send letters to Washington's trading partners, dictating new tariffs, confusion persists over when the pause on President Donald Trump's reciprocal tariffs will be lifted.