Read the latest news from regional and global sources, presenting different voices and perspectives.
Trump slaps 25% tariffs on Japan, South Korea amid trade tensions
Daily Times
·
July 7, 2025
WASHINGTON: US President Donald Trump has imposed 25% tariffs on imports from Japan and South Korea, two of America’s closest allies. The decision was announced in formal letters sent to both countries, stating that their trade practices were “far...
Bessent Promises ‘Several’ Trade Announcements Over ‘The Next 48 Hours’
Daily Wire
·
July 7, 2025
Treasury Secretary Scott Bessent promised on Monday that the Trump administration would make “several announcements in the next 48 hours” regarding President Donald Trump’s trade agenda. Bessent said during an interview with CNBC’s “Squawk Box”...
Pressure from Trump for trade deals before Wednesday, but hints of more time for talks
WTXL Tallahassee - Florida
·
July 7, 2025
WASHINGTON, D.C. — The Trump administration is stepping up pressure on trading partners to quickly make new deals before a Wednesday deadline, with plans for the United States to start sending letters Monday warning countries that higher tariffs...
Trump pressures trade partners on new deals before Wednesday’s deadline, but hints of more time for talks
The Philadelphia Inquirer - Pennsylvania
·
WASHINGTON — The Trump administration is stepping up pressure on trading partners to quickly make new deals before a Wednesday deadline, with plans for the United States to start sending letters Monday warning countries that higher tariffs could...
What to know about Trump’s new trade move against Japan, South Korea, and five other nations
The Boston Globe - Massachusetts
·
“If for any reason you decide to raise your Tariffs, then, whatever the number you choose to raise them by, will be added onto the 25% that we charge,” Trump wrote in the letters to Japanese Prime Minister Shigeru Ishiba and South Korean President...
Will Little Saigon Finally Get an Archway as Businesses Reel From ICE Raids?
Voice of OC
·
July 7, 2025
📣 We want to hear from you. 📣 How do you feel about the job we’re doing at Voice of OC? 📣 Please let us know how we are doing. Westminster officials are once again considering erecting an archway that commemorates Little Saigon despite numerous...
Trump sends tariff letters, placing 25% levies on 2 crucial U.S. allies President Trump placed a 25% tax on goods imported from Japan and South Korea, citing persistent trade imbalances with the two crucial U.S. allies in Asia. Read More »
Yahoo News
·
President Trump began unveiling his "UNITED STATES TARIFF Letters" Monday with the threat of 25% duties on South Korea and Japan, two top trading partners. The new rates — which aren’t scheduled to take effect until Aug. 1 — track closely with...
EDITORIAL: Taiwan’s leverage in US trade talks
Taipei Times
·
July 7, 2025
US President Donald Trump last week told reporters that he had signed about 12 letters to US trading partners, which were set to be sent out yesterday, levying unilateral tariff rates of up to 70 percent from Aug. 1. However, Trump did not say...
Trump hits Japan, South Korea with 25 per cent tariffs as trade war escalates, markets react, countries await
The West Australian
·
July 7, 2025
US President Donald Trump says the US will impose a 25 per cent tariff on imports from Japan and South Korea beginning August 1 as he unveiled the first two of what he has said will be a wave of letters to trading partners outlining the new levies...
Preparations for exhibition on Vietnam's 80-year achievements to be completed by mid-August
People's Army Newspaper
·
The July 7 notice follows a meeting chaired by Permanent Deputy Prime Minister Nguyen Hoa Binh and Deputy Prime Minister Mai Van Chinh, head of the Steering Committee for the exhibition. The event will be a key highlight in the series of...
'Far from reciprocal': Trump slaps 25% tariffs on Japan and South Korea ahead of July 9 trade deadline
The New Indian Express
·
Treasury Secretary Scott Bessent said there would be a number of deals coming up. "We are going to have several announcements in the next 48 hours," Bessent told CNBC in an interview Monday. "We've had a lot of people change their tune in terms of...
Trump Slaps 25% Tariffs On Japan, South Korea As Global Trade Deals Deadline Nears
Daily Voice
·
July 7, 2025
Trump released screenshots of letters announcing the new tariffs on his social media platform Truth Social on Monday, July 7. The letters were addressed to Japanese Prime Minister Ishiba Shigeru and South Korean President Lee Jae-myung. Both...
Trump imposes 25% tariffs on Japan, South Korea ahead of trade deal deadline
The Express Tribune
·
July 7, 2025
Listen to article US President Donald Trump said Monday he was slapping 25 per cent tariffs on Japan and South Korea, in his first letters to trading partners ahead of a deadline to reach a deal with Washington. Trump had said at the weekend that...
Rubio heads to Asia in first visit, ASEAN talks set to focus on trade
Daily Times
·
July 7, 2025
US Secretary of State Marco Rubio is set to make his first official visit to Asia this week, where he will attend a high-level ASEAN meeting in Malaysia from July 8 to 12, the State Department announced Monday. The visit underscores Washington’s...
Bad news, photographers: The trade war between the US and Japan just escalated
Digital Camera World
·
July 7, 2025
As the expiration for the temporarily lowered ten percent reciprocal tariff rate nears, US President Donald Trump has warned Japan that it could face an even higher tariff rate beginning in August. With many key camera brands headquartered in...
Trade Crackdown: 12 More Countries To Receive Tariff Letters After Japan, South Korea
Zero Hedge
·
Update (1422ET): By late afternoon, the White House social media team had posted a total of seven trade warning letters, with the latest addressed to Malaysia, Kazakhstan, South Africa, Laos, and Myanmar. Earlier in the day, letters to Japan and...
From Vietnam to Orange County: Tim Nguyễn’s American Story
Orange County Business Journal - California
·
July 7, 2025
It’s a long way from fleeing Vietnam to founding Costa Mesa-based software company MeridianLink Inc. by way of a refugee camp in Hong Kong. Tim Nguyễn, a graduate of University California, Irvine, definitely took the road less traveled. “The fall...
OC Business Outlook Recovers from Q2
Orange County Business Journal - California
·
July 7, 2025
Local business leaders’ outlook has recovered from the initial shock of President Donald Trump’s tariff threats and brewing trade wars, but it has a long way to go to regain the enthusiasm measured for the start of the year. “Markets have...
Trump punted on tariffs, again. Here's where trade talks stand after the reset.
Business Insider
·
President Donald Trump was nowhere near the pace of 90 deals in 90 days that his top trade advisor set as a goal, so he's adding more time to the clock. On Sunday, Treasury Secretary Scott Bessent said Trump will send letters to countries telling...
European spending drops as trade tensions hit consumer wallets
Euronews
·
July 7, 2025
Published on 07/07/2025 - 11:44 GMT+2 Retail sales in the eurozone fell at their steepest monthly rate in nearly two years in May, as growing uncertainty over US trade tariffs weighed on consumer sentiment and curbed spending. According to first...