President Donald Trump unveiled the first in a wave of promised letters that threaten to impose higher tariffs rates on key trading partners, including levies of 25% on goods from Japan and South Korea beginning Aug. 1.
Trump also announced 25% rates on Malaysia and Kazakhstan, while South Africa would see a 30% tariff and Laos and Myanmar would face a 40% levy. The nations were the first in what the president promised would be a flurry of unilateral warnings and trade deals announced on Monday, two days before agreements are due from trading partners facing his April 2 so-called reciprocal levies.
“Our relationship has been, unfortunately, far from Reciprocal,” Trump wrote in the letters.
White House Press Secretary Karoline Leavitt said there would be around a dozen countries that receive notifications about their tariffs Monday directly from the president. Additional letters will come in the coming days, she said.
Read more: https://www.bloomberg.com/news/articles/2025-07-07/trump-says-he-ll-levy-25-tariff-on-japan-south-korea-in-august
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