South Korea, Japan and Donald Trump
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The country’s new president, in office for a little over a month, had just dispatched his senior deputies to Washington to try to work out a trade deal.
While South Korean imports to the U.S. face 25% tariffs, the same as Trump promised in April, the rate on Japan has been raised by 1 percentage point to 25%.
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.
It shows that personal grudges rather than simple economics are a driving force in the U.S. leader’s use of 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 ...
South Korea will follow terms previously agreed with the United States on defence cost sharing, its foreign ministry said on Wednesday, following a call by U.S. President Donald Trump for Seoul to pay more for the U.
Trump imposes tariffs up to 40% on 14 countries, pressuring allies to shift production to the US and avoid ties with BRICS. Tensions mount globally.