Trump Broadcasts 25% Tariff On Japan, South Korea From August 1

US President Donald Trump on Monday introduced plans to impose a 25 p.c tariff on items imported from Japan and South Korea, efficient August 1. 

Trump additionally revealed that he had despatched letters to the leaders of a dozen nations, together with Japanese Prime Minister Ishiba Shigeru and South Korean President Lee Jae-myung, informing them of the brand new tariff determination. He shared screenshots of the letters on social media.