President Donald Trump said he would not offer any extensions for the implementation of increased tariffs on many goods imported into the US, pledging that new rates would hit at the beginning of August.

Ireland’s foreign affairs minister said the EU and the US must work “intensively” to get a deal on tariffs in place before the deadline for increased rates, but added he has concerns for the pharma industry. Competition watchdog puts Greencore’s £1.2bn swoop for Bakkavor under microscope

Trump said the United States would impose tariffs of 25% on goods from Tunisia, Malaysia and Kazakhstan, with levies of 30% on South Africa, Bosnia and Herzegovina, climbing to 32% on Indonesia, 35% on Serbia and Bangladesh, 36% on Cambodia and Thailand; and 40% on Laos and Myanmar. A deal with India was close, Trump added.