Trump announces new tariffs of up to 40% on a growing number of countries

CNN — President Donald Trump cranked up the pressure Monday on America’s trading partners, firing off letters to heads of several countries, informing them of their new tariff rate. But at the same time, Trump took some of the edge off by signing an executive action Monday to extend the date for all “reciprocal” tariffs, with the exception of China, to August 1. Those “reciprocal” tariffs were expected to go into effect Wednesday. In some cases, the letters Tr