Goods from Japan and South Korea suffered by 25% collection

The United States has announced a new 25% tax on products from South Korea and Japan, when President Donald Trump began to share a party of letters for the leaders of the countries where his tariff plans are set out.

The messages come when the 90-day pause, which is located on some of the most aggressive tariffs, is over.

Trump has suspended higher tariffs to allow negotiations with different governments after its initial announcement caused resonance and shock in the financial markets.

Higher responsibilities were set to resume on July 9, but Trump said he plans to implement them on August 1.

The latest letters released suggest that Trump remains committed to his initial pressure, with small changes from the tariffs announced in April.

The president claims that the introduction of tariffs will protect US business from foreign competition, as well as to enhance domestic production and jobs.

Releasing the letters with details of the tariffs for Japanese and South Korean imports, the shares slipped on Monday.

Further issued letters revealed plans for 40% tariff for Myanmar and Laos goods, 30% tariff for goods from South Africa and 25% tariff for Malaysian goods.

These rates are tariffs similar to those Trump presented in April when he made a statement “Liberation Day”, which introduced new taxes on goods from different countries.

For example, at the time, he said he was trying to cut off the goods from Japan with 24% duties and charge 25% on the products made in South Korea.

White House press secretary Caroline Levit said that Trump’s administration planned to send letters about 14 other countries on Monday and share notes in social media with more letters.

She disputes that the terms of change of tariffs from July 9 to August 1 could reduce Trump’s threats.

“The president’s phone, I can tell you, calling from the hook from the world leaders who are constantly asking him to come to the transaction,” she said.

After the furore flared up when Trump first announced the tariffs in April, the president quickly rejected some highest import taxes to allow negotiations while maintaining 10%.

Finance Minister Scott Igent said he was waiting for a “tense days”.

“We had a lot of people who changed their tune in terms of negotiations. So, my mailbox was full last night with a lot of new proposals, many new proposals,” he said, the leading business CNBC.

Trump initially described his April tariffs as “mutual”, stating that they needed to fight against the trade rules of other countries he regarded as unfair to US export.

He separately announced tariffs for key sectors, such as steel and cars, citing national security problems and threatens to increase the levies in other subjects, such as pharmaceuticals and lumber.

Multi-layered policy is pursuing complex trading talks, and the automobile tariffs and the moment of negotiations with Japan and South Korea.

So far the US has reached an agreement with UK and Vietnamas well as a partial transaction with China. In all three of these cases, the agreements raised tariffs compared to levels before Trump returned to the White House while Main questions remain unresolved.

The European Union (EU) reportedly negotiates that will retain a previous 10% tax on most goods sent to the United States outside the term.

But it also seeks to reduce the 25% tariff for Trump by cars and details, as well as a 50% tax on steel and aluminum.

The press secretary said that the President of the European Commission Ursula von der Leyen had a “good exchange” with Trump. Just a few weeks ago, the US President threatened the EU 50%unless he reached the agreement.

Last week, Trump said Japan could face the “30% or 35%” tariff if the country is unable to agree with the US until Wednesday.