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.

President Donald Trump cranked up the pressure Monday on America’s trading partners, firing off letters to heads of several countries, informing them of their new tariff rate. But at the same time, Trump took some of the edge off by signing an executive action Monday to extend the date for all “reciprocal” tariffs,