While South Korean imports to the U.S. face 25% tariffs, the same as Trump promised in April, the rate on Japan has been raised by 1 percentage point to 25%.

Trump said the United States would impose tariffs of 25% on goods from Tunisia, Malaysia and Kazakhstan, with levies of 30% on South Africa, Bosnia and Herzegovina, climbing to 32% on Indonesia, 35% on Serbia and Bangladesh, 36% on Cambodia and Thailand; and 40% on Laos and Myanmar. A deal with India was close, Trump added.

President Donald Trump on Monday informed 14 nations, including Japan and South Korea, that new tariffs of at least 25% will be imposed starting Aug. 1 on most goods sent to the United States.

W ASHINGTON—President Trump decided to delay the implementation of his so-called reciprocal tariffs to Aug. 1 after advisers including Treasury Secretary Scott Bessent told him he could get trade deals with more time, according to people familiar with the matter.

The last time President Donald Trump rolled out tariffs this high, financial markets quaked, consumer confidence crashed and his popularity plunged

In a post on Truth Social, Trump said new rates of import taxes laid out in a series of letters he has sent or will soon send to various countries’ heads of state or government “WILL START BEING PAID ON AUGUST 1,

Trump met again with Israeli Prime Minister Benjamin Netanyahu at the White House to discuss Gaza ceasefire efforts.

The U.S. Supreme Court cleared the way on Tuesday for President Donald Trump's administration to resume carrying out mass job cuts and the restructuring of agencies, elements of his campaign to downsize and reshape the federal government.

The high court said it had based its decision on the legality of Trump’s executive order, and didn’t rule on whether any reorganization plans broke the law.