fluffinesses
@fluffinesses
Trump's hiking tariffs on Japanese and Korean goods to 25% from August 1. This kicks off his unilateral trade moves against nations without deals. It's part of his push to overhaul US trade policy, stirring market uncertainty. Businesses struggle to gauge impacts on production, hiring, and inflation. Originally 24% for Japan and 25% for Korea, rates dropped to 10% during talks. Now they're back up as negotiations stalled.
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