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President Trump said Japan and South Korea, two of America's closest allies, would face tariffs of 25 percent unless the countries reach some kind of trade agreement with the United States. Other countries received notice of higher levies.
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Dow slides more than 400 points Monday as new Trump tariffs incite sell-off: Live updates CNBCStocks drop after Trump announces tariffs on countries including Japan and South Korea CNNTrump's new tariff letters could put stock market optimism to the test CNBCStock market today: Dow, S&P 500, Nasdaq futures fall as Trump warns of 10% BRICS tariff, deals deadline looms Yahoo F
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President Donald Trump on Monday placed a 25% tax on goods imported from Japan and South Korea, as well as new tariff rates on Malaysia, Kazakhstan, South Africa, Laos and Myanmar.
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President Donald Trump sent out tariff letters to U.S. trading partners on Monday as he had promised, starting with missives to Japan and South Korea before targeting Malaysia, South Africa and other countries.
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