WASHINGTON: Time is running short for governments to strike deals with Washington to avert tariff hikes that Donald Trump has vowed against dozens of economies – and the US president continues to expand his trade wars.
As the clock ticked down on a Friday deadline for higher levies to take effect on goods from various trading partners, Trump announced a trade deal with South Korea and separate duties on Brazilian and Indian imports.
He also signed an order Wednesday to impose previously-threatened 50% tariffs on certain copper products and end a tariff exemption for low-value shipments from abroad.