Trump Announces New Trade Deal with South Korea and Tariff Changes

Reported 1 day ago

On July 30, 2025, President Trump revealed a trade deal with South Korea that features a 15% tariff on its imports to the U.S., alongside a $350 billion investment from South Korea. Meanwhile, he threatened a 25% tariff on imports from India and imposed a 50% tariff on certain goods from Brazil and copper imports. The U.S. and China concluded talks on tariffs, with more negotiations expected as the deadline approaches.

Source: YAHOO

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