#BinanceTurns8

The United States announced a 25% tariff on goods imported from Japan and South Korea starting August 1, 2025, aimed at reducing the trade deficit and protecting the economy and security. Trump stated that if Japan and South Korea open their markets, the tax rate could be lowered; otherwise, retaliatory tariffs will lead to higher rates. Financial markets are shaken, U.S. stocks are down, while Japanese and South Korean markets unexpectedly rose in early trading. Japan and South Korea expressed regret but lean towards negotiations, with the period before August 1 being a crucial window. Tariffs could drive up inflation and affect supply chains, potentially reshaping the global trade landscape. Future attention should be on the progress of negotiations and tariff trends affecting other countries.