Donald Trump's advisers say 50-plus countries have reached out for tariff talks

US treasury secretary Scott Bessent said unfair trade practices are not 'the kind of thing you can negotiate away in days or weeks'

US President Donald Trump as he announced new tariffs in the Rose Garden at the White House. File picture: Mark Schiefelbein/AP

Top US administration officials said on Sunday that more than 50 countries targeted by president Donald Trump's new tariffs have reached out to begin negotiations over the sweeping import taxes that have sent financial markets reeling and upended the global trading system.

The higher rates are set to be collected beginning on Wednesday, ushering in a new era of economic uncertainty with no clear end in sight.