Wall Street is pointing to a lower open Monday as the Trump administration steps up pressure on trading partners to quickly make deals before a Wednesday deadline. The U.S. will warn trading partners that higher tariffs could kick in Aug. 1.

The president is again threatening higher tariff rates on a dozen foreign nations, as a deadline elapses this week for making trade deals.

Here’s what to know about various countries’ deals and negotiations with the U.S., as we approach the deadline for higher tariffs.

Trump had previously threatened tariffs on the BRICS group if they followed through with plans to challenge the supremacy of the U.S. dollar.

The BRICS bloc has criticized rising tariffs and attacks on Iran in its latest summit declaration. Meeting in Rio de Janeiro on Sunday, the group also condemned NATO’s increased military spending and expressed concerns about global trade disruptions caused by tariffs.

Trump Sending Tariff Letters. Trump has also said he would begin sending out tariff letters or announcing trade deals on July 7, as his 90-day pause on his reciprocal tariffs near