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Forbes
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Trump Tariffs: President Sends First Letters To Japan And South Korea
President Donald Trump shared letters Monday informing governments in Japan and South Korea that he's levying 25% tariffs on their imports to the U.S., the first in an anticipated slew of tariff notices the administration is expected to send out before its self-imposed tariff pause ends Wednesday—though the letter suggests the rates could still change again. This story is breaking and will be updated.


CNN
an hour ago
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Trump announces a 25% tariff on Japan and South Korea
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.


CNN
an hour ago
- CNN
Trump announces a 25% tariff on Japan and South Korea
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.