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Donald Trump releases tariff letters: Japan, Korea to face 25% duties on imports to US from August 1, 2025; check details

IndiaTimes Monday, 7 July 2025
US President Trump has announced new tariff rates effective August 1, 2025, impacting trade partners. Letters sent to Japan and Korea reveal a 25% tariff. Meanwhile, Trump warned of additional tariffs on nations associated with the BRICS bloc, accusing them of anti-Americanism.
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News video: TRUMP TARIFF BLITZ | 20–30% Tariff THREATS Sent to 6 More Countries in Fiery Move

TRUMP TARIFF BLITZ | 20–30% Tariff THREATS Sent to 6 More Countries in Fiery Move 03:14

 President Trump has issued new tariff letters to six more countries—Philippines, Brunei, Moldova, Algeria, Iraq, and Libya—via Truth Social, with 20–30% duties set to begin August 1. This follows his April plan to reset global trade, which was paused for 90 days. Trump warns rates may shift...

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