U.S. President Donald Trump looks up at the new flag on the south lawn of the White House. (July 06, 2025)
Trump says slapping 25% tariffs on Japan, South Korea
Published :
07-07-2025 19:35|Last Updated :
07-07-2025 20:18|US President Donald Trump said Monday he was slapping 25 percent 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, Trump said the tariffs would apply from August 1 because their trading relationships with Washington were "unfortunately, far from Reciprocal."