Trump "25% Tariff Imposed On Korean And Japanese Products Starting August 1st"

President Trump Who Ended The Grace Period And Started Imposing Tariffs (Source: ABC News)

United States President Donald Trump Officially Announced That He Would Impose A High Tariff Of 25% Against Korea And Japan. He Stated That The Measure Is Expected To Take Effect Starting August 1.

This Announcement Came From A White House Press Conference. President Trump Argued That It Is A Measure "To Protect U.S. Industry And Jobs," And Asserted That "The United States Can No Longer Bear The Loss In The Situation Where The Trade Imbalance Is Prolonged."

The Details Or Targeted Tariff Items Are Yet To Be Disclosed, But There Is A Possibility That Key Export Items, Including Automobiles And Semiconductors, Will Be Included. Accordingly, Export Companies And Stock Markets In Korea And Japan Are Expected To Experience Short-Term Shock.

This Action Is Interpreted As A Signal That President Trump's Protectionist Stance, Which Sets The Recovery Of U.S. Manufacturing As A Core Economic Policy, Is Being Reinforced Again. It Is Predicted To Impact The Global Trade Order Depending On The Response Of The Two Governments And The Progress Of Future Negotiations.