Japan, South Korea, Malaysia and Kazakhstan will face 25% import duties starting Aug. 1, while goods from Laos and Myanmar will face a 40% tariff.

Asian shares are mostly down as the Trump administration steps up pressure on trading partners to quickly make new deals before a Wednesday tariff deadline

U.S. stocks are losing ground in afternoon trading Monday as the Trump administration steps up pressure on trading partners to make deals before a Wednesday deadline. The S&P 500 was down 0.9% in the first day of trading in the U.

Mr. Trump said his administration was working with state and local officials and that Department of Homeland Security Secretary Kristi Noem would be arriving in Texas shortly. DHS oversees the Federal Emergency Management Agency.

The death toll from catastrophic floods in Texas reached at least 78 on Sunday, including 28 children, as the search for girls missing from a summer camp continued and fears of more flooding prompted evacuations of volunteer responders.