WASHINGTON — President Donald Trump said he's imposing a 25% tariffs on goods from Japan and South Korea beginning on August 1 as the Republican continues his pressure campaign on longtime U.S ...

Asian shares rose Tuesday after stocks on Wall Street closed broadly lower as the White House stepped up pressure on major trading partners to make deals before punishing tariffs imposed by the U.S. take effect.

The president has already threatened an additional 10% tariff on goods from countries aligning themselves with a bloc of nations that includes China and Russia.

President Donald Trump said on Wednesday his administration will charge Brazil with a 50% tariff on products sent to the U.S. starting August 1 while the Republican leader also expressed support for former Brazilian President Jair Bolsonaro.

The new tariff rates threatened in the letters Trump shared Wednesday are similar to those he announced on what the White House dubbed “Liberation Day” in early April.

US President Donald Trump on Wednesday threatened Brazil with a crippling tariff of 50% starting August 1, according to a letter he sent to the country’s president, Luiz Inácio Lula da Silva.

Trump has sent letters to 22 countries warning of incoming tariff rates, according to his social media posts, including 50 percent taxes on Brazilian imports and 35 percent on Canadian goods. The letters follow the administration’s insistence that the president was making “90 deals in 90 days” beginning in April.