The letters listed a range of tariffs. Goods entering the U.S. from Japan, South Korea, Malaysia, Kazakhstan, and Tunisia will be subject to a 25 percent levy. There will be a 30 percent levy on South African and Bosnian goods, while imports from Indonesia will be subject to a 32 percent rate.

Dozens of America’s trading partners are bracing themselves for August 1, the new deadline for punishing tariffs on goods they export to the United States.

The market is coming off a broad sell-off after President Trump set a 25 percent tax on goods imported from Japan and South Korea and new tariff rates on a dozen other nations.