Trump, Tariffs
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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.
In letters so far to 14 countries, including smaller exporters to the United States such as Serbia, Thailand and Tunisia, Trump hinted at opportunities for additional negotiations, even while warning that reprisals would draw a like-for-like response.
United States President Donald Trump on Monday sent letters to the leaders of 14 countries informing them about the imposition of tariffs on their imports, which will be implemented from August 1. Japan and South Korea were the first countries to receive the letters following Trump’s announcement that he would send letters to 12-15 countries regarding the tariff or deals.
It shows that personal grudges rather than simple economics are a driving force in the U.S. leader’s use of tariffs.
U.S. Secretary of State Marco Rubio met counterparts in Southeast Asia on Thursday during his first visit to Asia since taking office, seeking to reassure them the region is a U.S. priority despite President Donald Trump's tariff offensive.
Trump shared screenshots of letters detailing new tariff rates for over a dozen countries, allowing room for further negotiations before the renewed deadline of Aug. 1.
The U.S. will impose tariffs of 25% on Japan and South Korea beginning on Aug. 1, President Donald Trump announced on Monday in posts on Truth Social.
U.S. Secretary of State Marco Rubio met counterparts in Southeast Asia on Thursday during his first visit to the region since taking office, reassuring them it is a priority for Washington, despite President Donald Trump's tariffs.
WASHINGTON — President Donald Trump said he's imposing a 25% tariffs on goods from Japan and South Korea beginning on August 1 as the Republican continues his pressure campaign on longtime U.S ...
Over the past three months, nations across the world tried to avoid new tariffs that would punish their economies by giving President Donald Trump something he might want. Indonesia offered to buy $34 billion more