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Trump slaps Japan and South Korea with 25% tariffs and warns against retaliation

Trump slaps Japan and South Korea with 25% tariffs and warns against retaliation

Donald
Trump
slapped new
tariffs
on both Japan and South Korea and
promised retaliation against both
if they choose to raise their own tariffs in retaliation.
He called the trade relationship between Japan and the U.S. "far from Reciprocal" and that the 25% tariff is "far less than what is needed to eliminate the Trade Deficit disparity."
The
increased rates
will take effect on Aug. 1, Trump wrote in a letter posted to his Truth Social page.
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The letters sent to both countries were identical, with the only differences between them being the name of the country and to whom the letters are addressed.
"It is a Great Honor for me to send you this letter in that it demonstrates the strength and commitment of our Trading Relationship, and the fact that the United States of America has agreed to continue working with Japan, despite having a significant Trade Deficit with your great Country," the president began the letter.
"Nevertheless, we have decided to move forward with you, but only with more balanced, and fair, TRADE," it continued. "Therefore, we invite you to participate in the extraordinary Economy of the United States, the Number One Market in the World, by far."
He said the U.S. has "had years" to discuss its trade relationship with both Japan and South Korea and "concluded that [the U.S.] must move away from these longterm, and very persistent, Trade Deficits engendered by Japan's Tariff, and Non Tariff, Policies and Trade Barriers."
"Our relationship has been, unfortunately, far from Reciprocal," Trump wrote. "Starting on August 1, 2025, we will charge Japan a Tariff of only 25% on any and all Japanese products sent into the United States, separate from all Sectoral Tariffs."
He added that any "goods transshipped to avoid a higher Tariff will be subject to that higher Tariff." Then came the warning: "If for any reason you decide to raise your Tariffs, then, the number you choose to raise them by, will be added onto the 25% that we charge."
"Please understand that the 25% number is far less than what is needed to eliminate the Trade Deficit disparity we have with your Country," Trump warned.
"Please understand that these Tariffs are necessary to correct the many years of Japan's Tariff, and Non Tariff, Policies and Trade Barriers, causing these unsustainable Trade Deficits Against the United States," he added. "This Deficit is a major threat to our Economy and, indeed, our National Security!"
Japan and South Korea will not be subject to tariffs, however, if it or companies within it build or manufacture their products in the U.S. Trump wrote, "We will do everything possible to get approvals quickly, professionally, and routinely — In other words, in a matter of weeks."
The letter concluded by imploring Japan and South Korea to open their markets to the U.S., at which point, the U.S. "will perhaps consider an adjustment to this letter."
"These Tariffs may be modified, upward or downward, depending on our relationship with your country," he wrote. "We look forward to working with you as your Trading Partner for many years to come."
"You will never be disappointed with The United States of America," the letter concluded. Trump signed it at the bottom.
During a press conference at the White House on Monday, press secretary Karoline Leavitt said 12 other countries would be getting notifications and letters about new tariffs, but she didn't mention which ones.
She later added that "there will be additional letters in the coming days" beyond the 12 that she said will be sent out today. She didn't provide hints about which countries those would be sent to, either.
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