President Trump has announced that the U.S. will impose 25 percent blanket tariffs on all imports from Japan starting August 1st.
In a series of posts on Truth Social, President Trump shared letters sent to both countries’ leaders, calling the tariffs necessary to address what he described as “persistent trade imbalances.” He says those numbers could change if either country responds with new counter tariffs.
The Administration maintains that tariffs are vital to both the U.S. economy and national security.
Related Stories
Ag Secretary Brooke Rollins will travel to Europe and Asia to seek new trade partnerships for U.S. crops after China reduced imports due to tariffs.
The American Soybean Association is calling on the White House to ease up on Chinese tariffs
“This essentially shuts Canada out of the China market.”
