Trump expanded the tariff rates expected in letters to the leaders of Japan and South Korea, also posted to the truth social. The President had earlier indicated that he would send a letter Broadly a dozen countries monday.
“Please understand that this is 25% number Less than what is needed To eliminate trade deficit inequality with your country, “Trump wrote to both countries.
The President warned that if either the nation raises its tariff in response, the US would increase its tariff with the same amount.
Trump wrote to the President of South Korea, “As you know, there will be no tariff to decide or build companies or companies within your country, and in fact, we will make every effort to obtain approval quickly, in other words, in other words – quickly, professional and regularly.”
The President also sent similar letters to governments Malaysia, Kazakhstan And South AfricaApply 30 percent tariff on your goods, and another to make 40 percent tariff to another Myanmar.
Hill’s Brett Samuels are more here.
