President Donald Trump cranked up the pressure Monday on America’s trading partners, firing off letters to heads of several countries, informing them of their new tariff rate. But at the same time, Trump took some of the edge off by signing an executive action Monday to extend the date for all “reciprocal” tariffs,

President Trump has told 14 countries that they will face tariffs of at least 25 percent on Aug. 1 if they don’t reach agreements by then.

Asia’s export-dependent economies received more time but little reprieve, as US President Donald Trump shifted his tariff deadline to Aug. 1 and rounded the rates he’s set for Japan, South Korea and others.