Japan, Donald Trump and tariffs
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Trump, Indonesia and tariff
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President Donald Trump on Monday set a 25% tax on goods imported from Japan and South Korea, as well as new tariff rates on a dozen other countries.
President Trump’s approach to setting tariff rates is causing anxiety in the business community, with the trickling flow of letters to trade partners exacerbating concerns over hits to the economy. The president has sent two dozen letters to countries,
While South Korean imports to the U.S. face 25% tariffs, the same as Trump promised in April, the rate on Japan has been raised by 1 percentage point to 25%.
US President Donald Trump came out with another criticism of Japan's trade stance on Tuesday, claiming the country refuses to "open up."
President Trump said there will be a roughly 10 percent tariff set across the board for smaller countries, including those in Africa and the Caribbean. “We’ll probably set one tariff for all of
Asian shares were mostly lower in early Tuesday trading, as worries about President Donald Trump’s latest updates to his tariffs weighed on investor sentiments. Japan's benchmark Nikkei 225 rose 0.1% in morning trading to 39,
The president has earned a reputation for bluffing on tariffs. But he has steadily and dramatically raised U.S. tariffs, transforming global trade.
US President Donald Trump attacked the car trade imbalance between the US and Japan again on Sunday, days ahead of a scheduled visit by Treasury Secretary Scott Bessent to the Asian country that could apply further pressure to the minority government.