Australia has avoided Donald Trump’s latest tariff threats, but is “concerned” about the global impact of the US President targeting key trading partners like Japan and South Korea.

By Jeff Mason, Bart H. Meijer and David Brunnstrom WASHINGTON/BRUSSELS (Reuters) -U.S. President Donald Trump opened a new phase on Monday in the trade war he launched this year, telling partners, from powerhouse suppliers such as Japan and South Korea to minor players,

Donald Trump has set a 25 per cent import tariff on all goods from Japan and South Korea. The US president confirmed the move on his social media platform, Truth Social, where he posted images of the letters he sent to the leaders of both countries on Monday, US time.