President Trump’s latest tariffs have reignited a trade war. The president is placing a 25 percent tax on goods imported from two key allies — Japan and South Korea. The president also announced tariffs on a dozen other nations, including Indonesia, Malaysia, South Africa, and Thailand. Stocks on Wall Street closed broadly lower on news of […]
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Trump sets 25% tariffs on imports from Japan and South Korea
President Trump’s latest tariffs have reignited a trade war. The president is placing a 25 percent tax on goods imported from two key allies — Japan and South Korea. The president also announced tariffs on a dozen other nations, including Indonesia, Malaysia, South Africa, and Thailand. Stocks on Wall Street closed broadly lower on news of the updated tariffs.