Reported 23 days ago
President Trump announced new 25% tariffs on imports from Japan and South Korea, starting August 1, as part of a larger strategy that includes 14 letters sent to various countries outlining revised tariff rates. This move coincides with a delay in the implementation of previously announced tariffs, reflecting the fluctuating nature of Trump's trade policy. While trade deals with the UK and Vietnam have been made, tensions with other trading partners, including the EU, continue as negotiations scramble to avoid a looming trade war.
Source: YAHOO