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Stocks tumble after Trump announces steep tariffs on imports from Japan, Korea, and 5 other countries

Upworthy Monday, 7 July 2025 ()
Stocks fell to session lows Monday as President Donald Trump once again ratcheted up the trade tensions that sent indices tumbling when he first announced widespread tariff plans in April. The slide started after Trump posted letters on his social media platform, Truth Social, that he says he sent…
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Video Credit: Oneindia - Published
News video: Trump SLAPS 25% TARIFFS on Japan & South Korea | Key Trading Partners on Trump’s TARIFF Radar

Trump SLAPS 25% TARIFFS on Japan & South Korea | Key Trading Partners on Trump’s TARIFF Radar 05:16

 Donald Trump has slapped 25% tariffs on Japan and South Korea, warning both nations to “build in the USA or pay up.” With a July 9 deadline looming, Trump’s letters threaten even steeper tariffs if Tokyo or Seoul retaliate or refuse trade deals. He blames long-standing U.S. trade deficits on...

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