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Trump sets 25% tariffs on Japan and South Korea, and new import taxes on 12 other nations
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.
Trump tariffs raise the specter of sharper economic downturn for South Korea and Japan
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%.
Japan's June core inflation likely slowed as tariff threats loom
Japan's June core inflation likely slowed but remained above the central bank's 2% target, a Reuters poll showed, keeping it under pressure to resume interest rate hikes as U.S. trade tariffs threaten an already fragile economy.
The Mainichi News Quiz: Trump will raise tariffs on Japan how high?
Try The Mainichi News Quiz for July 11 to test your news knowledge. Ready?What tariff rate has U.S. President Donald Trump announced will apply to Japan from Aug. 1?A) 10%B) 15%C) 24%D) 25%Read the ed
Japan, South Korea scramble as Trump threatens to raise tariffs
Japan and South Korea, the United States’ closest security allies in Asia and key partners in its effort to counter China, were sent scrambling Tuesday after the U.S. president renewed his threat to impose steep tariffs on their goods,
Japan's June Core Inflation Likely Slowed as Tariff Threats Loom: Reuters Poll
TOKYO (Reuters) -Japan's June core inflation likely slowed but remained above the central bank's 2% target, a Reuters poll showed, keeping it under pressure to resume interest rate hikes as U.S. trade tariffs threaten an already fragile economy.
Trump's tariffs on cars, copper, drugs, aluminum could hit harder than other levies
President Donald Trump's threats to impose high tariffs on countries make U.S. trading partners and investors nervous. But his sector tariffs could hurt consumers and businesses more in the long run.
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