Trump Announces Additional Tariffs of Up to 40% on Five Countries

U.S. President Trump announced that the U.S. will impose a 25% tariff on Malaysia and Kazakhstan, a 30% tariff on South Africa, and a 40% tariff on Laos and Myanmar, starting on August 1. Previously, the White House announced that Trump would sign an executive order postponing the tariff negotiation deadline to August 1. [Odaily Planet Daily]