Many countries thought they were negotiating in good faith. The White House renewed its “reciprocal” tariff plan anyway, giving countries until Aug. 1 to make offers.

U.S. President Donald Trump has ramped up his trade war this week, threatening sharply higher tariffs on 14 countries starting August 1 as his administration aims to finalize agreements with others. Despite promises to work on 90 deals in 90 days,

Donald Trump has revived his threat to hit major trading partners with steep “reciprocal” tariffs even as he granted a three-week reprieve for countries to negotiate trade deals with the US. The president on Monday sent letters to Japan and South Korea,