Tribune OnlineTribune OnlineTribune Online
  • Home
  • News
  • Columns
  • Editorial
  • VIDEOS
  • Entertainment
  • Politics
  • Health
  • Opinions
  • SPORTING TRIBUNE
Reading: Trump slams 25% tariffs on Japan, South Korea, warns against retaliation
Share
Notification Show More
Font ResizerAa
Tribune OnlineTribune Online
Font ResizerAa
  • Home
  • News
  • Columns
  • Editorial
  • VIDEOS
  • Entertainment
  • Politics
  • Health
  • Opinions
  • SPORTING TRIBUNE
  • About Us
  • Contact us
  • Disclaimer
  • Privacy Policy
  • Advertise
Have an existing account? Sign In
Follow US
© 2026 African Newspapers of Nigeria Plc. All Rights Reserved. | Disclaimer | Privacy Policy | Editorial Policy | Corrections Policy | Terms & Conditions
Home » Trump slams 25% tariffs on Japan, South Korea, warns against retaliation
World News

Trump slams 25% tariffs on Japan, South Korea, warns against retaliation

Adam Mosadioluwa
July 8, 2025
Share
Donald Trump, American multinational pharmaceutical company, Eli Lilly, has announced a sharp price increase for its weight-loss drug, Mounjaro, in the UK after United States President Donald Trump demands, United States President Donald Trump, warns Nigerians about Visa fraud, sendscdeportees to Southern Africa’s EswatiniDonald Trump, Trump new tariffs on Japan, Korea, Donald Trump, Trump announces Iran and Israel ceasefire agreement, Pakistan Trump Nobel Peace Prize
Add as a preferred source

United States President Donald Trump on Monday imposed a 25 percent tariff on imports from Japan and South Korea, alongside new tariff rates on goods from 12 other countries, set to take effect from August 1.

The announcement came via a series of letters posted on Trump’s Truth Social account, addressed to the respective heads of government. 

In the letters, Trump warned against any form of retaliatory action, stating that any increase in import duties by the targeted countries would trigger a corresponding rise in U.S. tariffs.

“If for any reason you decide to raise your Tariffs, then, whatever the number you choose to raise them by will be added onto the 25% that we charge,” Trump wrote in the letters to Japanese Prime Minister Shigeru Ishiba and South Korean President Lee Jae Myung.

ALSO READ: Trump threatens extra 10% tariff on BRICS nations

Though the letters reflect Trump’s hardline stance, they also leave room for future negotiations. The move marks another escalation in Trump’s ongoing trade agenda, which he has made central to his second-term economic policy.

While the White House has not released an official briefing, the president’s latest move has already stirred concerns over its potential impact on global trade and economic stability. 

According to AP News, Analysts fear that the tariffs could dampen global economic growth and push major economies closer to recession.

Still, Trump has remained resolute, arguing that the tariffs are essential for reviving U.S. manufacturing and funding the tax cuts he signed into law last Friday.

ALSO READ TOP STORIES FROM NIGERIAN TRIBUNE


WATCH TOP VIDEOS FROM NIGERIAN TRIBUNE TV

  • Back to School, Back to Business A Fresh Start

  • Relationship Hangout: Public vs Private Proposals – Which Truly Wins in Love?

  • “No” Is a Complete Sentence: Why You Should Stop Feeling Guilty

  • Relationship Hangout: Friendship Talk 2025 – How to Be a Good Friend & Big Questions on Friendship

  • Police Overpower Armed Robbers in Ibadan After Fierce Struggle


    Get real-time news updates from Tribune Online! Follow us on WhatsApp for breaking news, exclusive stories and interviews, and much more.
    Join our WhatsApp Channel now


TAGGED:JapanSouth Koreatariffstrump
Previous Article Lack of leadership Atiku Why Atiku may not have been destined to become president — Bwala
Next Article Primate Ayodele's prophecy on Seyi Tinubu, PDP under spell, Trump outcome foretold 2027: ADC Coalition is divine, Primate Ayodele warns Tinubu

Most Read

  • How I graduated with 5.00 CGPA — UNILORIN best graduating student
    How I graduated with 5.00 CGPA — UNILORIN best graduating student
  • UPDATED: Court sacks Uzodinma as APC senatorial candidate for Imo West
    UPDATED: Court sacks Uzodinma as APC senatorial candidate for Imo West
  • BREAKING: FG approves N70,000 monthly transport allowance for workers
    BREAKING: FG approves N70,000 monthly transport allowance for workers
  • Why we need fresh $21.7bn loan — Finance Minister
    Why we need fresh $21.7bn loan — Finance Minister
  • 4 tactics fuel attendants use to give customers less fuel
    4 tactics fuel attendants use to give customers less fuel
  • JUST IN: Tinubu to depart Abuja for Makkah to pray for Nigeria
    JUST IN: Tinubu to depart Abuja for Makkah to pray for Nigeria
  • Uche Ogbodo urges women to walk away from marriages that no longer work
    Uche Ogbodo urges women to walk away from marriages that no longer work
  • Adeleke rules out seat-sharing deal with Osun APC
    Adeleke rules out seat-sharing deal with Osun APC
  • CDCFIB recruitment reaches final stage as candidates get important notice
    CDCFIB recruitment reaches final stage as candidates get important notice
  • Abia: NAFDAC secures five-year jail term for businessman over fake olive oil
    Abia: NAFDAC secures five-year jail term for businessman over fake olive oil

Frontpage Today

Subscribe to e-Paper

E-Vending, e paper, pdf, e-paper, Tribune
QUICK LINKS

About Us
Advertise with Us
Contact Us
Privacy Policy
Disclaimer
Editorial Policy
Corrections Policy
Terms & Conditions
COLUMNS

Aplomb
Ask The Doctor
Autoclinic With The Mechanic
Awo's Thought
Empowered For Life
Festus Adebayo's Flickers
Gibbers
Intimacy
Language & Style
Leadership & Management
Lynx Eye
Monday Lines
Mum & Child
Natural Health
Notes from Atlanta with Farooq Kperogi
On The Lord's Day
Your Life Counts

ENTERTAINMENT

Entertainment

RELIGION

Tribune Church
Church News
Muslim Sermon
Eye of Islam
Islamic News

EDITORIAL

Editorial
Opinion
Letters
News Extra

BUSINESS

Capital Market
Money Market

REGIONS

Niger Delta
Arewa
MORE

Sexuality & Health
Special Report
Sports
Tourism
Travelpulse & MICE
Weekend Lagos
Book Review
Education
Event Digest
Crime & Court
Ecoscope
Energy
Maritime
Aviation
Brands & Marketing
Agriculture
Info Tech
Labour
Leadership & Management
Arts & Culture
Arts & Reviews
Politics
Health News
© 2026 African Newspapers of Nigeria Plc. All Rights Reserved. | Disclaimer | Privacy Policy | Editorial Policy | Corrections Policy | Terms & Conditions

Add Tribune Online to your Homescreen!

Add
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?