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President Trump enforces 25% tariffs on Japan, South Korea; global markets slide
President Donald Trump has imposed 25% tariffs on all goods imported from Japan and South Korea starting August 1. The formal notification was delivered to the governments of both countries, accompanied by warnings that any retaliatory measures would lead to further tariff hikes above the 25% rate. The announcement sent global markets into a tailspin as investors weighed the potential fallout of rising trade tensions. The U.S. stock market opened the week with sharp declines. The
President Trump enforces 25% tariffs on Japan, South Korea; global markets slide
President Donald Trump has imposed 25% tariffs on all goods imported from Japan and South Korea starting August 1. The formal notification was delivered to the governments of both countries, accompanied by warnings that any retaliatory measures would lead to further tariff hikes above the 25% rate. The announcement sent global markets into a tailspin as investors weighed the potential fallout of rising trade tensions. The U.S. stock market opened the week with sharp declines. The









