#TrumpTariffs

President Donald Trump says he has delayed imposing higher tariffs on goods entering the US from 14 countries, including Japan and South Korea.

The latest development on global trade by Trump comes as a 90-day pause the White House placed on some of its most aggressive import taxes was set to expire this week.

The president renewed his threat of a 25% tax on products entering the country from Japan and South Korea and shared a batch of other letters to world leaders warning of levies from 1 August.

Higher tariffs had been set to come into effect on 9 July, having previously been suspended with White House officials saying they would look to strike trade deals.$SOL $ETH