New Trump tariffs leave countries scrambling for deal before August 1 deadline

On Monday, US President Donald Trump announced new "reciprocal" tariffs on 14 countries that would come into effect on August 1 unless a deal was struck before then. Japan and South Korea vowed to pursue negotiations with Washington – as did South Africa – but promised to defend their national interests, setting the stage for difficult talks. Also in this edition, the BRICS summit wraps up in Brazil, with Trump making headlines there too.

New Trump tariffs leave countries scrambling for deal before August 1 deadline
On Monday, US President Donald Trump announced new "reciprocal" tariffs on 14 countries that would come into effect on August 1 unless a deal was struck before then. Japan and South Korea vowed to pursue negotiations with Washington – as did South Africa – but promised to defend their national interests, setting the stage for difficult talks. Also in this edition, the BRICS summit wraps up in Brazil, with Trump making headlines there too.

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