Japan and South Korea face the prospect of increased tariffs from the U.S., with President Trump threatening up to 25 percent on their goods. Emergency meetings were held in South Korea, while Japan's Prime Minister expressed regret over Trump's decisions. Trump criticized Japan for not meeting his demands. Despite a new August 1 deadline for deals, negotiations are lagging. Japanese officials expressed indignation over the U.S. notification method, highlighting the strain on long-standing alliances.
Trump on Monday threatened to impose tariffs of 25 percent on goods from Japan and South Korea, and levies as high as 40 percent on imports from 12 other countries.
Japan and South Korea, which both have broad security agreements with the United States dating back decades, were the first two recipients of the letters.
Itsunori Onodera, policy chief for Japan's ruling Liberal Democratic Party, said during a party meeting on tariff negotiations on Tuesday, 'The content is entirely unacceptable...extremely disrespectful, and I feel a strong sense of indignation.'
Trump has appeared increasingly frustrated, even calling Japan 'spoiled' because it wouldn't agree to his administration's demands.
Collection
[
|
...
]