With just 10 days left before higher tariff rates kick in for many U.S. trade partners, Treasury Secretary Scott Bessent says the administration is “about to announce a rash of trade deals in the coming days.

The administration provided some insight into the terms that were agreed upon between Indonesia and the United States, hinting at how other vague and hastily negotiated deals may turn out.

President Donald Trump sent letters to dozens of countries warning of 20% to 50% tariffs, which will be imposed beginning Aug. 1, unless those foreign nations can reach better deals.