Goods from Japan and South Korea hit 25% with Levy

The United States said that this plans to apply a new 25% tax to the products from South Korea and Japan, because President Donald Trump has launched a letter to the leaders of countries reflecting the latest tariff policy.

Messages As soon as the 90-day break came, the White House was found to end in one part of the most aggressive tariffs.

Trump had stopped higher tariffs, He said they would hit trade deals with White House officials, After the initial announcement, the financial markets aroused screams and confusion.

The higher tasks on July 9 were laid, but Trump said he now planned to carry out them in August 1.

The letters shared by Trump on Monday showed less changes in the rates announced in April, When the new tax wave of various countries is the announcement of “Freedom Day”.

For example, at that time, 24% of the goods from Japan, said that 25% in the products made in South Korea.

The President will protect American affairs from the external competition, which is the application of tariffs from the foreign competition and increase local production and jobs.

However, economists say events will raise prices in the United States and trade will decrease. Three main share indices in the United States on Monday, Toyota’s listed shares of the United States fell by 4%.

Japan has sent more than $ 148 billion in US last year, making America’s fifth largest supplier of America after the European Union (EU), Mexico, China and Canada, According to US Trade Information. South Korea was in the top 10.

In South Korea and Japan, Monday Trump, 30% of the goods from South Africa, and 40% of the goods from Malaysia to 40% for tariffs for 40%.

In general, the White House spokesman Karoline Leavitt said the Trump administration will share a letter to the countries with about them and share the notes with more letters, he said.

He suggested that the end dates of the variable tariff in August 9, August 1.

“The president’s phone, I can tell you, always drives the rings from the fork, which begs him.”

When Trump announces tariffs in April for the first time, the president quickly stopped some of the highest import taxes when the president would be Levi.

Treasury Secretary Scott Bessent said he was waiting for “a few days busy.”

“We have changed the melodies in terms of negotiations. Thus, many new proposals in the mailbox were full of many new proposals,” he said.

Trump initially described the April tariffs as “mutual”, pretending to combat the rules of trade of other countries, as they seemed unfair from the United States.

He announced the tariffs for the main sectors such as steel and cars, citing National Security and threatened other items taken in other items such as drugs and wood.

Many layered policies have complex trading talks with the main adhesion point in negotiations with Japanese and South Korea with car tariffs.

To date has been contracted with the United States Uk and VietnamAlso partial agreement with China. All three of these cases, agreements, Trump raised tariffs compared to levels before returning to the White House The main issues remain unresolved.

The United States said there was an agreement near India.

The EU also deals with the talks, and did not expect the tariff letter to the unit. A spokesman for the EU, President of the European Commission Ursula Von Der Leyen was also a “good exchange” with Trump.

A few weeks ago, the US president threatened the EU 50% tax if there was no contract.

Last week, Trump said that Japan could meet the “30% or 35%” tariff if it could not agree to the United States on Wednesday.