#TrumpTariffs
President Donald Trump increased pressure on U.S. trading partners on Monday, sending letters to the leaders of several countries to inform them about his new tariffs.
Japanese Prime Minister Shigeru Ishiba and South Korean President Lee Jae-myung were the first recipients.
Both countries will face a 25% tariff starting August 1, Trump reported in posts on Truth Social that showed the letters, which could give the countries more time to negotiate agreements.
About two hours later, he announced the sending of similar letters to Malaysia, Kazakhstan, South Africa, Myanmar, and Laos, informing their leaders about new tariffs of up to 40%.