Trump, South Korea and Japan
Digest more
American consumers of Korean cosmetics and skin-care products are bulk buying, as President Trump threatens 25 percent tariffs on imports.
The European Union and South Korea said on Monday they were working on trade deals with U.S. President Donald Trump that would soften the blow from looming tariffs as Washington threatens to impose hefty duties from August 1.
5don MSNOpinion
South Korea handed President Donald Trump the first trade win of his administration. But as the August tariff deadline approaches it may not matter.
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%.
South Korea is looking to create about six working groups with the United States under three areas on the agenda - exemptions to tariffs and non-tariff measures, economic security, as well as ...
President Trump's newly announced 25% tariffs on goods from South Korea and Japan closely reflect tariffs for each nation that Trump had announced on April 2, before implementing a 90-day pause that was set to expire Wednesday.
President Donald Trump on Monday set a 25% tax on goods imported from Japan and South Korea, as well as new tariff rates on a dozen other countries
As the Trump administration seeks trade deals, it has targeted major steel exporters Brazil, Canada, Mexico and South Korea with looming higher tariff rates.