The reciprocal tariffs continue to be postponed.

Yesterday, Trump issued a letter to Japan and South Korea announcing that starting from August 1, 2025, a 25% tax will be imposed on Japan and South Korea, along with a warning that if they dare to retaliate, an additional 25% tariff will be added until they yield.

Originally, Trump sternly stated that after July 9, if there was no compromise, they would face high tariffs without even a minute's delay. However, the reciprocal tariffs have been extended by 90 days, now pushed back from July 9 to August 1. What does this mean in between? It's just empty talk.

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