South Korea's ex-leader Yoon returns to jail
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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.
President Trump's moves have raised fears that economic growth would slow to a trickle, if not make the US and other nations more vulnerable to a recession.
3don MSN
The duties threatened in the letters effectively match the initial reciprocal tariffs Trump briefly imposed on the countries in April.
White House press secretary Leavitt said that apart from Japan and South Korea, the leaders of 12 more countries will receive letters from President Trump today, and he will be sending more letters to
3don MSN
Trump said the US will impose 25% tariffs on imports from Japan and South Korea from August 1, unveiling the first of “a wave of letters” to trading partners.
5don MSN
A North Korean man crossed the DMZ on foot before midnight Thursday, asking South Korean troops for help in a rare defection through the fortified border.