04
Jul
In a significant escalation of global trade tensions, the United States government has announced the introduction of 25% tariffs on a wide range of imports from two key allies: South Korea and Japan. The decision, unveiled by former President Donald Trump in the midst of his ongoing campaign activities, marks a new chapter in the complex trade relationships between Washington and two of its most important economic partners in Asia.The announcement has sparked swift reactions from markets, policymakers, and industry leaders on both sides of the Pacific. The new tariffs are expected to impact a broad selection of goods, including…