By Samantha Waldenberg, Betsy Klein, Ramishah Maruf, John Towfighi, CNN

(CNN) — President Donald Trump on Wednesday said the White House was “very busy” crafting its trade policy as the clock ticks down on his self-imposed August 1 deadline. At that point, America could fundamentally reshape the way it does business around the world.

Trump signed executive actions on Wednesday imposing a 50% tariff on Brazil, a 50% tariff on certain copper products and suspending a tax perk for all countries that allowed cheap packages to fly into the US duty-free.

He also announced in a Truth Social post that his administration has a trade framework in place with Pakistan, although details were thin. Trump said the agreement, if completed, would include developing Pakistan’s oil reserves with a yet-

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