In a bold move, the United States, under President Donald Trump, will impose a 25% tariff on imports from Japan and South Korea starting August 1. This decision aims to address perceived trade imbalances,

Trump’s new tariff letters have sent shockwaves across global markets as he targets 22 countries with tough new trade threats just weeks before the August 1 deadline. From close allies like Japan and South Korea to BRICS nations like Brazil and South Africa,

While South Korean imports to the U.S. face 25% tariffs, the same as Trump promised in April, the rate on Japan has been raised by 1 percentage point to 25%.

President Donald Trump signed a new round of tariff demand letters on Wednesday, warning that levies ranging from 25% to 40% would go into effect in August if the targeted countries fail to reach new trade deals with the U.

Donald Trump's insistence that "spoiled" Japan imports more US rice is adding to Prime Minister Shigeru Ishiba's problems ahead of elections that could sink his premiership after less than a year in office.

Trump shared screenshots of letters detailing new tariff rates for over a dozen countries, allowing room for further negotiations before the renewed deadline of Aug. 1.

Trump announced a 20% levy on the Phillippines, as per his latest Truth Social post. Laos: 40%. Myanmar: 40%. Thailand: 36%. Cambodia: 36%. Bangladesh: 35%. Serbia: 35%.

It shows that personal grudges rather than simple economics are a driving force in the U.S. leader’s use of tariffs.

Secretary of State Marco Rubio met counterparts in Southeast Asia during his first visit to the region since taking office.