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Trump sets 25% tariffs on Japan and South Korea, and new import taxes on 12 other nations
President Donald Trump on Monday set a 25% tax on goods imported from Japan and South Korea, as well as new tariff rates on a dozen other countries.
Trump unveils 25% tariffs on goods from Japan, South Korea in letters to leaders
By Susan Heavey, Doina Chiacu and Bart H. Meijer WASHINGTON/BRUSSELS (Reuters) -President Donald Trump said on Monday the U.S. would impose a 25% tariff on imports from Japan and South Korea beginning August 1 as he unveiled the first two of what he has said will be a wave of letters to trading partners outlining the new levies they face.
Trump slaps 25% tariffs on Japan and South Korea—and Wall Street stumbles
U.S. stock markets reacted negatively on Monday after President Trump announced via social media that he would unilaterally impose 25% trade tariffs on Japan and South Korea. The tariffs target two of America’s closest allies and key suppliers of autos,
Trump announces 25% tariffs on South Korea and Japan
Trump plans new tariffs as the 90-day pause on some of his most aggressive tariffs is set to expire this week.
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