U.S. President Donald Trump said the U.S. would charge a 15% tariff on imports from South Korea, one of a number of such measures announced in the run-up to his August 1 deadline to impose such levies.

The president also touted agreements over hundreds of billions of dollars in foreign investment into the United States.

President Trump said he reached a trade deal with South Korea that would impose a 15 percent tariff on its exports to the United States. He also announced that the United States will impose a 25 percent tariff on goods from India.

Some South and Southeast Asian countries saw lower than threatened U.S. tariffs, which leveled the playing field with a rate of about 19% across the region's biggest economies. Diane To reports.

India expects US trade negotiators to visit the country later this month to continue talks on a bilateral deal, an official in New Delhi said, after President Donald Trump hit the South Asian nation with a 25% tariff.