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Trump announces 25% tariffs on Japan, South Korea in first U.S. trade letters
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. U.S. financial markets fell to session lows on news of the letters. The Dow Jones Industrial Average shed 447 points, or 1%. The S&P 500 lost 0.8%, and the Nasdaq Composite dropped 0.9%. Both letters say that the 25% tariffs are separate from additional sector-specific ... (full story)
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From @LiveSquawk|Jul 7, 2025|105 commentsUS Pres Trump To Impose 25% Tariff On Goods From Japan And South Korea On August 1st – Letter Trump's letters to Japan & S. Korea, posted on Truth Social pic.twitter.com/6MajYmasBV Trump Announces 25% Tariff on South Korea Imports Trump states the US will impose a 25% duty on products from South Korea, potentially affecting trade relations and import costs. US Pres Trump To Japan: If You Wish To Open Your Heretofore Closed Trading Markets To The United States, Eliminate Your Tariff, Non-Tariff Policies And Trade Barriers. Will Consider An Upward Or Downward Adjustment To These Tariffs
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From aljazeera.com|Jul 7, 2025|4 commentsLeaders of the BRICS bloc have sharply rebuked the United States and Israeli bombardments of Iran in June, calling them a “blatant breach of international law” while voicing ...
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From @LiveSquawk|Jul 7, 2025|26 commentsEU Will Not Be Receiving Letter Setting Out Higher Tariffs From The United States – RTRS Cites EU Sources *WHITE HOUSE: 12 OTHER COUNTRIES TO RECEIVE TRADE LETTERS WH Pres Sec Leavitt: Will Be Additional Letters Beyond The 12 Countries - US Close On Additional Trade Deals
From @financialjuice|Jul 7, 2025|6 commentsWH Press Sec. Leavitt: Trump will sign an executive order delaying the July deadline of tariffs to August 1st.
From fxdailyreport.com|Jul 7, 2025Russia has recently announced the launch of a unique mining registry for cryptocurrency. As per the exclusive reports, Russia has officially released a national registry dealing ...
