The White House has said any country that does not agree to new terms of a trade deal with the U.S. by Friday will face the tariff rates Trump initially announced in April.

President Donald Trump levied a fresh threat to countries that have yet to announce trade deals with the U.S. with just four days to go before his new August 1 'doomsday' deadline.

Trump’s protectionist moves likely to keep pushing countries to lessen their reliance on the US, analysts say.