Trump announces 25% tariffs on Japan, South Korea in first U.S. trade letters

Trump announces 25% tariffs on Japan, South Korea in first U.S. trade letters


U.S. President Donald Trump walks after disembarking Marine One as he arrives at the White House in Washington, D.C., U.S., July 6, 2025.

Ken Cedeno | Reuters

The United States will impose 25% blanket tariffs on imports from Japan and South Korea starting Aug. 1, President Donald Trump revealed Monday.

Trump, in a pair of Truth Social posts, shared screenshots of letters apparently sent to Japanese Prime Minister Ishiba Shigeru and South Korean President Lee Jae-myung dictating the new tariff rates.

This is breaking news. Please refresh for updates.



Source

Trump announces 25% tariff on India plus ‘penalty’ for trade with Russia
Politics

Trump announces 25% tariff on India plus ‘penalty’ for trade with Russia

U.S. President Donald Trump listens as Indian Prime Minister Narendra Modi speaks during a joint press conference in the East Room at the White House on February 13, 2025 in Washington, DC. Alex Wong | Getty Images News | Getty Images President Donald Trump said Wednesday that India will pay a tariff of 25% beginning […]

Read More
Trump says Friday tariff deadline ‘will not be extended’
Politics

Trump says Friday tariff deadline ‘will not be extended’

U.S. President Donald Trump gestures before boarding Air Force One as he returns to Washington, D.C., in Lossiemouth, Scotland, Britain, July 29, 2025. Evelyn Hockstein | Reuters President Donald Trump said that he will not extend Friday’s deadline for his “reciprocal” tariffs on dozens of countries to restart. “THE AUGUST FIRST DEADLINE IS THE AUGUST […]

Read More
DOJ urges release of Jeffrey Epstein and Ghislaine Maxwell grand jury info in new filings
Politics

DOJ urges release of Jeffrey Epstein and Ghislaine Maxwell grand jury info in new filings

Jeffrey Epstein associate Ghislaine Maxwell listens to her sentencing from Judge Alison Nathan in a courtroom sketch in New York City, U.S. June 28, 2022. Jane Rosenberg | Reuters The Department of Justice in late-night court filings on Tuesday gave federal judges additional information as part of its efforts to get grand jury proceedings related […]

Read More