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Trump to put 25% tariffs on Japan and South Korea, new import taxes on 12 other nations

Trump to put 25% tariffs on Japan and South Korea, new import taxes on 12 other nations

CNA5 hours ago
US President Donald Trump unveiled higher tariffs for Japan, South Korea and a dozen other countries in a push for new trade deals - but extended the deadline until August for the steeper levies to kick in.
Letters were sent to countries including Malaysia, Indonesia, Thailand and Myanmar, informing them of duties on their products ranging from 25 per cent to 40 per cent.
These mark a step up from the 10 per cent levy he earlier imposed on almost all trading partners. Follow live:
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