While South Korean imports to the U.S. face 25% tariffs, the same as Trump promised in April, the rate on Japan has been raised by 1 percentage point to 25%.

The country’s new president, in office for a little over a month, had just dispatched his senior deputies to Washington to try to work out a trade deal.

The United States’ closest security allies in Asia, along with several Southeast Asian countries, have been given another three weeks to negotiate trade deals — or face higher tariffs.

The top military chiefs of the US, South Korea, and Japan met in Seoul Friday, as President Donald Trump ups the pressure over defense spending and trade.

In letters so far to 14 countries, including smaller exporters to the United States such as Serbia, Thailand and Tunisia, Trump hinted at opportunities for additional negotiations, even while warning that reprisals would draw a like-for-like response.

Trump insists South Korea pay more for its defence as tariff deadline looms: ‘It’s very unfair’ - US president claims South Korea ‘went crazy’ when he first asked it to pay billions of dollars for upk

South Korea said it will review regulations flagged by the US while pressing for an easing of sectoral tariffs after President Donald Trump sent a letter with a new August deadline for imposing 25% across-the-board levies.

Trump says 25% tariffs coming for Japan and South Korea as trade war escalates again President Donald Trump sent out letters to nations that haven't entered into trade agreements with the U.S ...

US stocks fell Monday as President Donald Trump announced a flurry of tariffs on countries including Japan, South Korea and South Africa.

The U.S. will put in place a 25% tariffs on imports from Japan and South Korea starting on Aug. 1, according to letters posted by President Donald Trump on his social media platform on Monday. Trump wrote to Japanese Prime Minister Shigeru Ishiba and South Korean President Lee Jae-myung to inform them of the news, citing unfair trade balances.

Donald Trump has said he will impose 25 per cent tariffs on imports of goods from Japan and South Korea, in an announcement that sent US stocks sliding. The president on Monday said the new levies on both countries would come into effect on August 1. Trump has vowed to announce tariff rates for dozens of other trading partners in coming days.