Trump Proposes 30% Tariffs on EU and Mexico, Escalating Trade Tensions

On Saturday, U.S. President Donald Trump announced a proposal to impose a 30% tariff on imports from the European Union and Mexico beginning August 1, following unsuccessful negotiations on broader trade agreements. The announcement marks a significant escalation in ongoing trade tensions between the U.S. and several of its key economic partners. The proposed tariffs […]

Japan, South Korea Hit With 25% Tariffs as Trump Escalates Global Trade War

Japan, South Korea Hit With 25% Tariffs as Trump Escalates Global Trade War

U.S. president sends warning letters to 14 nations, signaling new wave of protectionist policies and potential trade reprisals Washington, D.C. — In a bold move that has reignited fears of a renewed global trade war, former U.S. President Donald Trump has announced plans to impose 25% tariffs on major U.S. trading partners, including Japan and […]

25% tariffs August 2025

Trump Announces 25% Tariffs on Japan and South Korea Starting August 1

President Donald Trump announced Monday that significantly higher U.S. tariffs—25%—will be imposed on major trade partners, including Japan and South Korea, beginning August 1. The move signals a new chapter in the ongoing trade conflict that has unsettled global markets since earlier this year. So far, 14 nations have received formal notices from the White […]