Dhaka, July 9 -- US President Donald Trump reignited his trade war by threatening more than a dozen countries with higher tariffs Monday - but then said he may be flexible on his new August deadline to reach deals.
Trump sent letters to trading partners including key US allies Japan and South Korea, announcing that duties he had suspended in April would snap back even more steeply in three weeks.
Tokyo and Seoul would be hit with 25per cent tariffs on their goods, he wrote. Countries including Indonesia, Bangladesh, Thailand, South Africa and Malaysia were slapped with duties ranging from 25per cent to 40per cent.
But in a move that will cause fresh uncertainty in a global economy already unsettled by his tariffs, the 79-year-old once ag...