By Jeff Mason, Bart H. Meijer and David Brunnstrom WASHINGTON/BRUSSELS (Reuters) -U.S. President Donald Trump on Monday began telling trade partners – from powerhouse suppliers like Japan and South Korea to minor players – that sharply higher U.

President Trump on Monday issued a flurry of letters informing countries of their new tariff rates, which were slated to go into effect on Aug. 1. The letters, published on Truth Social, say that the U.S. will be enacting anywhere from 25% to 40% tariffs.