Japan And Korea Will Push For Lower U.S. Tariffs Given The Extension Of Negotiations
Source: SeekingAlpha
2025-07-08 14:49:00 ET
By Min Joo Kang
Japan and South Korea received letters from President Trump
The US will impose reciprocal tariffs of 25% on goods from Japan and South Korea on 1 August, unless a trade deal has been agreed by then. The 25% tariff rate is a percentage point higher than that initially announced on 'Liberation Day' for Japan, while it remains the same for South Korea. We think that the two closest allies to the US in the region received letters showing Trump’s intention to accelerate trade talks....
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Japan And Korea Will Push For Lower U.S. Tariffs Given The Extension Of Negotiations
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