US delays higher tariffs but announces new rates for some nations

President Trump delays imposing higher tariffs on US imports, but announces new rates for nations including Japan and South Korea. The 90-day pause on aggressive import taxes was set to expire, with the president renewing threats of a 25% tax on products from these countries. Trump's tariff plans could be adjusted "upward or downward", indicating openness to further trade talks amidst concerns over their impact on American businesses and prices. These developments demonstrate a fluid trade policy environment with potential implications for global economic dynamics.