Asian markets largely shrugged off Trump’s latest announcement of tariff rates on some of its trading partners, as the U.S. president also seemingly pushed the start date for new taxes to August 1.

President Trump said Japan and South Korea would face tariffs of 25 percent unless they reached an agreement with the United States. Other countries received notice of higher levies.

By Jeff Mason, Bart H. Meijer and David Brunnstrom WASHINGTON/BRUSSELS (Reuters) -U.S. President Donald Trump opened a new phase on Monday in the trade war he launched this year, telling partners, from powerhouse suppliers such as Japan and South Korea to minor players,

US President Donald Trump has said letters have been sent to a number of countries warning that if new trade agreements are not reached by August 1 they will face higher import tariffs.

President Trump has told 14 countries that they will face tariffs of at least 25 percent on Aug. 1 if they don’t reach agreements by then.

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