Price increases could hit coffee, shoes, appliances and other products following a flurry of tariffs issued by President Donald Trump in recent days, analysts told ABC News.

Asian markets ended mixed as investors reacted to US tariff threats; Sensex slumps, Hang Seng gains, Nikkei retreats.

The U.S. will impose tariffs of 25% on Japan and South Korea beginning on Aug. 1, President Donald Trump announced on Monday in posts on Truth Social.

The president warned both countries that if they retaliate with their own tariffs, the U.S. would further increase import taxes.

The White House announced Monday that President Donald Trump is slated to sign an order delaying his 90-day tariff pause by another month, after he shared letters informing governments in Japan and South Korea that he’s levying 25% tariffs on their imports to the U.