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News Topical, Digital Desk : US President Donald Trump once again made a big announcement regarding tariffs. He said on Monday that from August 1, 25 percent tariff will be imposed on goods coming from Japan and South Korea.
In fact, this latest announcement of tariff by Donald Trump has been made at a time when the US President had said that he would send a letter to the leaders of a dozen countries on Monday.
Trump sent letter to Japan and South Korea
Let us tell you that this decision was announced by US President Donald Trump on his social media platform Truth. In his post, the US President said that he has sent open letters addressed to Japan's PM Shugeru Ishiba and South Korea's President Lee Jae-myun. In this letter, he has clearly written that if these countries impose any retaliatory tariff, then America will not hesitate in imposing more stringent tariffs.
Trump posted the letter on social media
In his letter sent to Japan and South Korea, Trump has written that America has suffered unbalanced trade with Japan for years. Trump has clearly written that now the time has come for fair trade.
Trump has clearly written in his letter that from August 1, 2015, America will impose a 25 percent tariff on all products coming from Japan. Along with this, Trump has directly warned that if Japan increases the tariff in any way in return, then America will not shy away from taking a strict decision on tariff.
Trump warns South Korea
Apart from Japan, the US President has also given a shock to South Korea. Trump has also sent a letter to South Korean President Lee Jae-Myong. In this letter, he has informed about imposing a 25 percent tariff on products coming to America from South Korea. Trump wrote in the letter sent to South Korea that if South Korea imposes any kind of tariff, then America will increase the tariff again.
Read More: Trump Tariff News: Trump gives a shock to Japan and South Korea, announces 25% tariff
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