From TODAY.

With talks stalling and just three framework agreements announced, President Donald Trump is now planning to set some countries’ tariff rate by letter and pressuring its larger trading partners to finalize a deal by August. Meanwhile, Trump is blasting one-time ally Elon Musk, saying he’s “gone off the rails” after he announced he’s forming a new political party called the America Party. NBC’s Garrett Haake reports for TODAY.

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