Categories: Estero

Donald Trump delays higher tariffs but announces new taxes for some countries | BBC News


President Donald Trump has officially delayed imposing higher tariffs on US imports, while sending letters to 14 countries including Japan and South Korea detailing the levies they face.

The latest development comes as a 90-day pause the White House placed on some of its most aggressive import taxes was set to end this week.

The president renewed his threat of a 25% tax on products entering the country from Japan and South Korea and shared a batch of other letters to world leaders warning of levies from 1 August.

Higher tariffs had been set to come into effect on 9 July, having previously been suspended with White House officials saying they would look to strike trade deals.

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