Trump slaps 25% tariffs on Japan, South Korea

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U.S. President Donald Trump delivers remarks connected  tariffs successful  the Rose Garden astatine  the White House successful  Washington, D.C., U.S., connected  April 2, 2025.

U.S. President Donald Trump delivers remarks connected tariffs successful the Rose Garden astatine the White House successful Washington, D.C., U.S., connected April 2, 2025. | Photo Credit: Reuters

U.S. President Donald Trump connected Monday (July 7, 2025) placed a 25% taxation connected goods imported from Japan and South Korea, citing persistent commercialized imbalances with the 2 important U.S. allies successful Asia.

Mr. Trump provided announcement of the tariffs to statesman connected August 1 by posting letters connected Truth Social that were addressed to the leaders of some countries. The letters warned some countries to not retaliate by expanding their ain import taxes, oregon other the Trump medication would summation import taxes that could harm the car and electronics sectors of Japan and South Korea, 2 important partners for the U.S. successful countering China’s influence.

“If for immoderate crushed you determine to rise your Tariffs, then, immoderate the fig you take to rise them by, volition beryllium added onto the 25 per cent that we charge,” Mr. Trump wrote successful the letters to Japanese Prime Minister Shigeru Ishiba and South Korean President Lee Jae-myung.

Published - July 07, 2025 10:14 p.m. IST

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