Trump in Letters to Japan, South Korea Announces 25% Tariff Starting August 1

NAMPA / Sputnik

2025-07-07

WASHINGTON, July 7 (RIA Novosti) – US President Donald Trump began sending out his trade letters on Monday, with Japan and South Korea as the first recipients facing a 25% tariff from Washington, set to take effect on August 1. "Starting on August 1, 2025, we will charge Korea a Tariff of only 25% on any and all Korean products sent into the United States, separate from all Sectoral Tariffs. Goods transshipped to evade a higher Tariff will be sub......

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