Donald Trump announced on Monday, July 7 that the United States would impose customs tariffs of 25% from August 1 in the imported goods from Japan and South Korea.
The US president sent letters to the leaders of these two countries, which he disseminated on social networks.
“It is a great honor for me to send you this letter, since it demonstrates the strength and commitment of our commercial relationship, writes in the preamble before denouncing the inequitable exchange with these countries. As of August 1, 2025, we will charge a price of only 25% in all products sent to the United States.”
Seoul and Tokyo were pessimistic
Already sealed by the orientation of the sector surcharge Steel and carSeoul wanted to avoid the 25% increase in the rest of his exports, and had promised in particular in Washington his cooperation in naval construction.
With respect to Japan, Donald Trump was pessimistic about the probability of concluding an agreement for Wednesday. Criticizes Japan for not opening enough Its American rice and vehicles market. And it did not exclude going beyond the initially planned surcharge in 24%, which could reach “30%, 35%or any other number.”
Source: BFM TV
