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The president's warning was blunt strike *** deal with the United States now by August 1st or face new tariffs. President Trump posted letters to foreign leaders on social media, including two of America's top trade partners, Japan and South Korea, explaining his reasoning and urging them not to retaliate. If for any reason you decide to raise your tariffs, then whatever the number you choose to raise them by will be added on to the 25% that we charge. Letters to other countries included similar. Though rates ranged from 25% to 40%, the tariffs could hit big ticket imports like appliances, electronics, chemicals, plastics, and rubber products. Experts warn these tariffs could raise prices, but the president insists the moves will bring back manufacturing and spur economic growth. He also said that the August 1st deadline is not necessarily final. I would say firm. No, I would say firm, but not 100% firm if they call up and they say. Would like to do something *** different way. We're going to be open to that, but essentially that's the way it is right now. The administration says new deals could be announced in the coming days, but until then the clock is ticking on this new deadline in Washington, Christopher Salas.