U.S. trade partners reacted Friday to President Donald Trump's executive order now set to introduce new tariffs on many of them starting Aug. 7 — as the global economy faces another test from the president's chaotic trade agenda.

Trump's order, signed late Thursday , imposes a change in tariffs on 66 countries, the European Union, Taiwan and the Falkland Islands. It came after a flurry of tariff-related activity in recent days, as the White House announced agreements with various nations and blocs ahead of the president’s self-imposed Friday deadline, when he previous threatened sweeping new levies would kick in worldwide.

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