08-07-2025 00:17 via vanguardngr.com

Trump unveils first wave of steeper US tariffs in push for deals

President Donald Trump announced tariffs of 25 percent on Japan and South Korea on Monday, ramping up pressure on the two key US allies and a dozen other economies to reach trade deals with Washington.Trump issued similar letters to a dozen other trading partners including Indonesia, Bangladesh, Thailand, South Africa and Malaysia, saying he would slap duties on their products ranging from 25 percent to 40 percent.But their starting date of August 1 marks a delay in Trump’s reimposition of
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