5Photo© ndtvprofit.comTrump slaps 25% tariffs on Japan, South Korea
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U.S. President Donald Trump said Monday (July 7, 2025) he was slapping 25% tariffs on imports from Japan and South Korea, in his first letters to trading partners ahead of a deadline to reach a deal.
In near-identically worded letters to the Japanese and South Korean leaders, Mr. Trump said the tariffs would apply from August 1 because their trading relationships with Washington were "unfortunately, far from Reciprocal."
Published - July 07, 2025 10:14 pm IST
“ If for any reason you decide to raise your Tariffs, then, whatever the number you choose to raise them by, will be added onto the 25% that we charge,
Donald Trump,
Trump Slaps 25% Tariffs On Japan, South Korea, Warns Against…