Donald Trump, Japan
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U.S. President Donald Trump expressed frustration with Japan over trade and said that its "reciprocal" tariff rate of 25%, mentioned in a letter sent to Prime Minister Shigeru Ishiba last week, might simply be allowed to go into effect on Aug. 1.
With elections coming in Japan, the threat of U.S. tariffs is forcing its prime minister to start talking tougher, and is getting people to rethink long-held assumptions about relations with the U.S.
Fox Business on MSN14h
Trump tariffs could have unintended consequences, especially in Japan: Jeff SicaCircle Squared Alternative Investments founder Jeff Sica discusses whether President Donald Trump's new tariffs will cause a market meltdown on 'Varney & Co.'
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.
By Jeff Mason, Bart H. Meijer and David Brunnstrom WASHINGTON/BRUSSELS (Reuters) -U.S. President Donald Trump on Monday began telling trade partners - from powerhouse suppliers like Japan and South Korea to minor players - that sharply higher U.
Regtechtimes on MSN3h
Trade War Erupts! Mr. Japan Caught in Tariff CrossfireCaught in a rising storm of global tariffs and diplomatic tension, “Mr. Japan” emerges as a key player in a high-stakes economic drama. From quiet negotiations to bold moves, this trade war could reshape the future of global alliances.
The U.S. will impose tariffs of 25% on Japan and South Korea beginning on Aug. 1, President Donald Trump announced on Monday in posts on Truth Social.
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%.
President Donald Trump on Monday informed Japan and South Korea that 25% tariffs will be imposed starting Aug. 1 on goods sent to the United States.
President Donald Trump sent out letters to nations that haven't entered into trade agreements with the U.S., informing them of their new tariff rates.
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,