The US president's latest volley of tariffs heavily targets Asian countries, including Japan, South Korea and Indonesia. Many experts say it's part of a strategy to force them to reduce trade with China.

China warned the Trump administration on Tuesday against reigniting trade tension by restoring tariffs on its goods next month, and threatened to retaliate against nations that strike deals with the United States to cut China out of supply chains.

China said BRICS does not seek confrontation or target any country after U.S. President Donald Trump threatened a new 10 percent tariff. Trump said in a July 6 post on Truth Social that the additional levy would hit any country "aligning themselves with the Anti-American policies of BRICS,

In a separate executive order, Trump also extended the pause on tariffs against several other nations to August 1.

U.S. President Donald Trump will begin sending tariff ultimatum letters to 12 countries from Monday, ahead of a July 9 deadline, with reciprocal tariff rates — possibly up to 70 per cent — expected to come into effect from August 1.

Donald Trump's top trade negotiators have added more time to the clock after the White House failed to reach its 90 deals in 90 days target.