United States President Donald Trump‘s reciprocal tariff rates began to trickle out on Monday, with the president notifying the leaders of Japan and Korea that they will face 25 per cent tariffs, while Myanmar and Laos will face 40 per cent levies.

Businesses hoping for clarity on where President Trump’s tariffs land will likely have to wait a bit longer.The administration on Monday pushed back some of its most punishing duties by another three weeks to August,

That all came after Trump's plans hit their biggest roadblock yet in court, when late last month the US Court of International Trade ruled that Trump had overstepped his authority when he imposed tariffs. This ruling was eventually stayed but the fight is likely to see a final ruling from the Supreme Court.