President Donald Trump has sent letters to 14 countries outlining higher tariffs they’ll face if they don’t make trade deals with the U.S. by Aug. 1.

The Trump administration has said that some countries will receive notices of their higher tariff rates beginning July 7.

Trump helped Speaker Mike Johnson pressure GOP holdouts into flipping their no votes to allow the measure to go forward in time to meet the president's self-imposed July Fourth deadline. Trump says tariff letters to be sent to 'various countries' on Monday President Donald Trump posted on Truth Social that his tariff letters "and/or deals" will be delivered to "various countries from around the world,

By Jeff Mason and Leika Kihara WASHINGTON/TOKYO (Reuters) -Powerhouse Asian economies Japan and South Korea said on Tuesday they would try to negotiate with the U.S. to soften the impact of sharply higher tariffs that President Donald Trump now plans to impose from the start of August.

President Donald Trump on July 7 threatened to impose 25 percent tariffs on Japan and South Korea, and levies as high as 40 percent on 12 other countries, if they did not reach a deal by August 1.

President Donald Trump on Monday placed a 25% tax on goods imported from Japan and South Korea, citing persistent trade imbalances with the two crucial U.S. allies in Asia