Brief by Shorts91 Newsdesk / 07:31pm on 07 Jul 2025,Monday International
US President Donald Trump has announced 25% tariffs on imports from Japan and South Korea, calling their trade ties with the US “far from reciprocal.” In letters sent Monday, Trump warned, “If policy changes are not made, tariffs will apply from August 1.” He said the US is ready to “modify levies downwards” if both nations adjust their trade policies. Japan’s Prime Minister Shigeru Ishiba responded, “I won’t easily compromise.” Trump had earlier warned countries aligning with “anti-American policies” of more tariffs. Talks are ongoing, but few deals have been reached so far, with time running out before deadlines. (PC: Reuters)
