Breaking: Trump Administration Imposes New Tariffs on Japan, South Korea Amid Economic Slowdown Fears
Breaking: Trump Administration Imposes New Tariffs on Japan, South Korea Amid Economic Slowdown Fears The Trump administration announced new 25% tariffs on imports from Japan and South Korea on Monday, July 7, 2025, set to take effect on August 1st. The move, revealed during a White House press briefing, targets two of America’s closest Asian allies already grappling with existing duties and economic headwinds. These additional tariffs are expected to deepen economic woes for the export-dependent nations. Japan, already facing…