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Asia Number One Target of Trump's August Tariff Letters
The New Indian Express Kalaburagi
|July 09, 2025
DONALD Trump sent letters to 14 countries, mainly in Asia, informing them that higher import tariffs will kick in on August 1 unless they reach a deal with the United States.
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It is the second time the US president has set a deadline after he postponed tariffs on almost all countries in April for 90 days. Countries that have large trade imbalances with the United States have been key targets, including Japan ($68.5 billion surplus in 2024), South Korea ($66 billion), Thailand ($45.6 billion) and Indonesia ($17.9 billion).
このストーリーは、The New Indian Express Kalaburagi の July 09, 2025 版からのものです。
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