South Korea, Donald Trump and Japan
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It shows that personal grudges rather than simple economics are a driving force in the U.S. leader’s use of tariffs.
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NDTV Profit on MSNTrump Tariffs LIVE: 50% Levy On Brazil; New Letters Issued To Iraq, Libya, Sri Lanka, OthersImposed 30% tariffs on Libya, Iraq, Sri Lanka, and Algeria. Slapped 25% tariffs on Moldova and Brunei. Announced 50% tariffs on Brazil. Sri Lanka would continue to engage with the US for a "mutually beneficial" outcome on tariffs,
U.S. Secretary of State Marco Rubio met counterparts in Southeast Asia on Thursday during his first visit to the region since taking office, reassuring them it is a priority for Washington, despite President Donald Trump's tariffs.
For many countries, the reprieve from President Donald Trump’s eye-watering tariffs, which were implemented on April 2 and temporarily reduced to 10% a week later, is soon set to come to an end.The 90-day pause,
President Donald Trump announced 25% taxes on products from Japan and South Korea, in addition to the threat of higher potential tariffs on goods from those nations if they raise their tariffs on American goods.
US stocks open mixed after Trump unveiled tariffs on 14 countries, and signed an executive order to extend the “reciprocal” tariff deadline to Aug. 1.
The president has already threatened an additional 10% tariff on goods from countries aligning themselves with a bloc of nations that includes China and Russia.
By David Lawder, Andrea Shalal and Timothy Aeppel WASHINGTON (Reuters) -U.S. President Donald Trump's latest tariff delay provided some hope to major trade partners Japan, South Korea and the European Union that deals to ease duties could still be reached,