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. 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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Trump releases tariff letters: Japan, Korea to face 25% US duties from August 1
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