Editor's PiCK

Trump: "At least 25% tariffs on South Korea and Japan"

Source
JH Kim

Summary

  • President Trump of the United States reportedly announced the imposition of at least 25% tariffs on South Korea and Japan.
  • President Trump explained the background of the tariff introduction, citing the continued existence of a trade deficit.
  • He emphasized that the United States may introduce stronger tariff measures if necessary.

According to The Washington Post on the 7th (local time), President Donald Trump of the United States announced the imposition of at least 25% tariffs targeting South Korea and Japan.

On this day, President Trump, in an open letter posted on his social media, Truth Social, stated, "The United States has decided to continue trade negotiations with South Korea and Japan, but a significant trade deficit still exists," adding, "Accordingly, we are prepared to impose at least 25% tariffs on both countries."

President Trump also added, "The United States pursues fair trade," and "If necessary, we will continue to introduce stronger tariff measures."

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JH Kim

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