🧾 US Imposes 25 % Tariffs on Japan & South Korea — Trump Ramps Up Trade War
On July 7, 2025, former President Donald Trump formally issued notices to 14 nations that 25 % tariffs will hit all imports from Japan and South Korea starting August 1, citing deep trade imbalances . Other countries—including Malaysia, Kazakhstan, Tunisia—face duties from 25 % up to 40 % .
The surprise😲 move sent U.S. stocks sliding (~0.8 %), briefly pressuring Bitcoin, which hovered near $108K, while gold and the dollar found safe-haven bids . Crypto markets remain volatile, with traders now eyeing potential inflationary ripple effects from tariff‑induced price increases. Watch for sharper swings if negotiations stall approaching the August 1 deadline.
