Reported about 6 hours ago
President Trump's tariffs, announced in April, have caused significant market turmoil, with a looming August 1 deadline for reaching agreements. Countries like Japan and Korea, heavily reliant on the U.S. for trade and alliances, face pressure to negotiate new deals despite existing trade agreements that have low tariffs. Experts suggest that while these nations may address non-tariff barriers in agriculture and increase purchases of U.S. exports, the complexity of trade imbalances makes satisfying Trump's demands challenging.
Source: YAHOO