Some of the US’s biggest trading partners are racing to strike last-ditch trade deals with Donald Trump, with less than 24 hours to go before sweeping tariffs are due to kick in. The US president has set a deadline of 00:01 on Friday morning for countries to reach an agreement, or face being hit with his highest levels of tariffs.

U.S. President Donald Trump gave Mexico a 90-day reprieve from higher tariffs to negotiate a broader trade deal but was expected to issue higher final duty rates for most other countries as the clock wound down on his Friday deal deadline.