Key Takeaways President Donald Trump said in a social media post that he would be meeting with the South Korean delegation Wednesday, part of a “busy” day of trade negotiations.While South Korea faces a 25% tariff ahead of the Aug.

WASHINGTON (Reuters) -Countries that haven't negotiated a trade deal or received a tariff letter from the Trump administration will be hearing the from the U.S. about the terms of trade by the end of the day,

Numerous countries around the world are facing the prospect of new tariffs on their exports to the United States on Aug. 7, a potential blow to the global economy, because they haven't yet reached a trade deal with the Trump administration.