Trump resumes hardball tariff posture with higher rates

semafor.com/article/07/07/2025/trump-returns-to-hardball-tariff-posture-with-higher-sk-japan-rates

US President Donald Trump on Monday announced higher duties on several countries, effective Aug. 1, after extending the July 9 deadline for his reciprocal tariff reprieve.
Trump sent letters to Japan and South Korea announcing 25% blanket tariffs, which are effectively the “Liberation…

This story appeared on semafor.com, 2025-07-07 18:59:51.
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