@pbsnews: President Trump on Monday said he will place higher tariffs on a number of countries starting on August 1. He announced this by posting letters to the countries' leaders on Truth Social, warning them not to retaliate. Among the tariffs to go in place: 25 percent tariffs on Japan and South Korea, 40 percent on Myanmar and Laos, and a 30 percent duty on South Africa. Wednesday marks the end of a 90-day negotiating period set by the Trump administration to reach trade deals with foreign partners. Trump's team had promised 90 deals in 90 days, but only two trade frameworks have been reached so far. #pbsnews #pbsnewshour #newshour #news #trumpadministration #donaldtrump #trump #tariffs #economy #japan #southkorea #myanmar #laos #trumpnews

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Tuesday 08 July 2025 19:48:36 GMT