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Key Highlights
- Donald Trump has introduced tariffs targeting Japan, South Korea, South Africa, Malaysia, Kazakhstan, and other nations.
- The European Union is not currently affected, although it faces potential 17 per cent tariffs on food and agriculture products.
- To date, only the United Kingdom and Vietnam have secured trade agreements before the deadline on 9 July.
Trump had previously indicated that a set of letters would be dispatched to notify countries about the reinstatement of previously delayed tariffs first planned in April.
White House Press Secretary Karoline Leavitt announced that Trump would be signing an order to postpone his original deadline for stricter tariffs from 9 July to 1 August.

Leavitt further explained that, in addition to Japan and South Korea, around 12 other nations would soon be receiving similar notifications from Trump. Source: Getty / Andrew Harnik
Leavitt said besides Japan and South Korea, there would be approximately 12 other partners receiving letters from Trump soon.
Amid market turmoil, he then suspended the initial tariffs for 90 days, a deadline that would have expired Wednesday without the latest extension.
US treasury secretary Scott Bessent said there would be a number of deals coming up: “We are going to have several announcements in the next 48 hours.”
On whether he was disappointed in the number of trade deals achieved so far, Trump’s trade adviser Peter Navarro maintained he is “happy with the progress we’ve had”.