Japan, Donald Trump and trade deal
Digest more
The president imposed tariffs on Japan, one of America’s closest allies, that would have been alarming just months ago. And markets went up.
As the tariff pause ends, the Trump administration should pivot to a more targeted and strategic policy that minimizes domestic harm.
2h
Yonhap News Agency on MSNTrump raises pressure on countries to open their markets amid tariff talks
U.S. President Donald Trump on Wednesday threatened to impose "much higher tariffs" if a trading partner does not open its market, as South Korea and other nations strive to reach trade deals with his administration ahead of the Aug.
Trump has sent letters to leaders of dozens of countries outlining the tariff levels set to begin on Aug. 1. In recent months, Trump has rolled back some of his steepest tariffs, meaning delays could be possible in the case of the Aug. 1 deadline. The Trump administration appears to have stood largely behind the deadline in recent days, however.