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Trump announces a 25% tariff on Japan and South Korea

Trump announces a 25% tariff on Japan and South Korea

CNN5 days ago
President Donald Trump cranked up the pressure on two of America's trading partners, Japan and South Korea, firing off letters Monday to the heads of their countries that informed them of their new tariff rate.
Both countries will face a 25% tariff come August 1, Trump said in posts on Truth Social displaying the letters, potentially giving countries more time to negotiate deals.
This is a developing story and will be updated.
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