Trump slaps 25% tariffs on Japan and South Korea—and Wall Street stumbles

fortune.com/2025/07/07/trump-25-percent-tariffs-japan-south-korea

U.S. stock markets reacted negatively on Monday after President Trump announced via social media that he would unilaterally impose 25% trade tariffs on Japan and South Korea. The tariffs target two of America’s closest allies and key suppliers of autos, electronics, and steel.
President…

This story appeared on fortune.com, 2025-07-07 17:38:38.
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