The world economy, beset with uncertainty for three months over Donald Trump’s on-again-off-again tariffs, is about to get more clarity as the US president’s deadline for trade deals arrives on Wednesday.

U.S. President Donald Trump said on Friday his administration later in the day will begin sending letters to 10 to 12 countries informing them of the tariff rate their products will face in the United States.

With just five days remaining in the tariff moratorium, the White House is expected to begin delivering a message to a dozen or so countries: Time is up, and here’s your new rate.