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President Donald Trump is again pushing back the deadline on his so-called "Liberation Day" tariffs, delaying implementation from this week to next month. Letters sent to dozens of countries Monday laid out new tariff rates, and the White House promised that more notices would go out through Wednesday.In those letters, Trump issued a clear message: reach a deal with the U.S. by Aug. 1 or face steep new tariffs."If for any reason you decide to raise your Tariffs, then, whatever the number you choose to raise them by, will be added onto the 25% that we charge," President Trump wrote.Japan and South Korea, two of America’s biggest trade partners, received letters setting tariffs at 25%. Others faced even higher rates: Myanmar and Laos at 40%, Cambodia and Thailand at 36%, Bangladesh and Serbia at 35%, and Indonesia, South Africa, and Bosnia and Herzegovina at 30%.The new duties could hit a range of high-value imports, including appliances, electronics, chemicals, plastics and rubber products.According to the president’s letters, autos would be tariffed separately at the standard 25% worldwide, while steel and aluminum imports would be taxed at 50%.Economists and trade analysts warn these tariffs could lead to higher prices for American consumers.Trump insists the tariffs are a necessary tool to bring back domestic manufacturing and bring in revenue for the government. The president also said Aug. 1 may not be a definitive deadline."I would say firm, but not 100% firm," Trump said about the Aug. 1 deadline. "If they call up and they say, 'We'd like to do something a different way,' we’re going to be open to that." Trump's approach has drawn criticism for its informality. Letters were posted to social media before official delivery. One to Bosnia and Herzegovina misgendered its leader, later corrected in a revised version.Still, Press Secretary Karoline Leavitt defended the strategy, saying Trump was crafting "tailor-made trade plans for each and every country on this planet, and that’s what this administration continues to be focused on.” Keep watching for the latest from the Washington News Bureau below: