Trump Announces 25% Tariffs on Japan, South Korea, and Additional Countries

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Source: The New York Times
Trump Announces 25% Tariffs on Japan, South Korea, and Additional Countries
Photo: The New York Times
TL;DR Summary

President Trump announced 25% tariffs on imports from Japan and South Korea, effective August 1, as part of broader trade negotiations and threats of additional tariffs on other countries, causing market declines and international diplomatic tensions.

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