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A new set of tariffs could hit in three and a half weeks.

I'm David Brancaccio in Los Angeles. President Trump has extended the deadline for countries to lock

in trade deals with the U.S. or their exports will get hit with higher import taxes at the U.S.

border.

This week was supposed to mark the end of a 90-day pause, but now Trump says tariff hike day will be August 1st. U.S. businesses and consumers pay those taxes. Katie Silver, with our partners at the BBC, has more on the current trade war talk.

Japan, whose trade envoy has visited Washington seven times to negotiate, has been told

it will face 25% levies in a matter of weeks.

The Prime Minister Shigura-Shiba says Japan can't reach an agreement with the US as Tokyo is

unwilling to make easy concessions.

In Thailand, the government said it was surprised to learn it

would face tariffs of 36 percent and was preparing backup plans like diversifying export markets.

South Korea and Malaysia both told they'll face tariffs of 25 percent and have said they'll

continue to try to negotiate. Katie Silvers with our newsroom partners at the BBC.

The Dow in early trading up four points.

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