Trump announces up to 40pc tariffs on several nations

• July 9 deadline set to be postponed until next month: White House • Countries aligning with BRICS threatened with steeper tariffs WASHINGTON: President Donald Trump announced tariffs of 25 per cent on Japan and South Korea on Monday, stepping up pressure on the two key US allies and a dozen other economies to reach trade deals with Washington. Trump issued similar letters to Malaysia, Myanmar, Kazakhstan, South Africa and Laos, saying he would slap duties on their products ranging fr