recession risk

Jul 7, 2025

Trump to put 25% tariffs on Japan and South Korea, new import taxes on 12 other nations

WASHINGTON (AP) — 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 nations that would go into effect on Aug. 1. Trump provided notice by posting letters on Truth Social that were addressed to the leaders of the various […]

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recession risk

Trump to put 25% tariffs on Japan and South Korea, new import taxes on 12 other nations

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