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25 percent tariff to be imposed on goods coming from Japan and South Korea from August 1: Trump
BY Connect Newsroom, Jul 7, 2025 6:17 PM - REPORT AN ERROR
Trump has shared information about sending letters regarding the new tariffs to these two countries on Truth Social.(Photo - The Canadian Press)
US President Donald Trump announced on Monday that he will impose a 25 percent tariff on goods coming from Japan and South Korea from August 1. Trump has shared information about sending letters regarding the new tariffs to these two countries on Truth Social.
It is noteworthy that Trump had recently said that the tariffs on the countries with which the deadline for negotiations ends without an agreement can remain in effect until they reach a trade agreement with the US.
He had said that the letters will be sent to the concerned countries before the deadline expires. The President said that negotiations are ongoing with all countries regarding trade, but there are 200 countries, it is not possible to talk to everyone.
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