This website collects cookies to deliver better user experience. Cookie Policy
Accept
Sign In
The Wall Street Publication
  • Home
  • Trending
  • U.S
  • World
  • Politics
  • Business
    • Business
    • Economy
    • Real Estate
    • Markets
    • Personal Finance
  • Tech
  • Lifestyle
    • Lifestyle
    • Style
    • Arts
  • Health
  • Sports
  • Entertainment
Reading: Commerce conflict: Trump reveals first nations to pay delayed ‘liberation day’ tariffs | Cash Information
Share
The Wall Street PublicationThe Wall Street Publication
Font ResizerAa
Search
  • Home
  • Trending
  • U.S
  • World
  • Politics
  • Business
    • Business
    • Economy
    • Real Estate
    • Markets
    • Personal Finance
  • Tech
  • Lifestyle
    • Lifestyle
    • Style
    • Arts
  • Health
  • Sports
  • Entertainment
Have an existing account? Sign In
Follow US
© 2024 The Wall Street Publication. All Rights Reserved.
The Wall Street Publication > Blog > World > Commerce conflict: Trump reveals first nations to pay delayed ‘liberation day’ tariffs | Cash Information
World

Commerce conflict: Trump reveals first nations to pay delayed ‘liberation day’ tariffs | Cash Information

Editorial Board Published July 7, 2025
Share
Commerce conflict: Trump reveals first nations to pay delayed ‘liberation day’ tariffs | Cash Information
SHARE

Donald Trump has revealed hefty commerce tariffs in opposition to at the least seven international locations, to be utilized from 1 August.

The preliminary announcement, by way of his Reality Social platform, involved Japan and South Korea.

Each would face 25% charges on all items, he mentioned.

Malaysia and Kazakhstan have been later added to the checklist, whereas South Africa was instructed it confronted a 30% fee.

Laos and Myanmar have been hit with 40% duties.

It marks the restart of the threatened “liberation day” escalation that was paused in April, for 90 days, to permit for negotiations to happen with all US buying and selling companions.

The US president is sending every nation a letter to tell them of the tariff charges they face and warn in opposition to retaliatory tariffs.

These duties will come on high of sector-specific tariffs – equivalent to 50% charges overlaying metal – that are already in drive.

Cash newest: Retailers launch photos of ‘prolific shoplifters’

Mr Trump says within the letters that charges may be adjusted “upward or downward, depending on our relationship with your country”.

Nation-specific tariffs had been because of take impact from Wednesday this week however Mr Trump had earlier revealed that nations would begin to get letters as an alternative, setting out the US place.

Duties would take impact from 1 August, with none subsequent deal being agreed, it was introduced.

The letters despatched to Japan and South Korea cited persistent commerce imbalances for the charges and included the sentence: “We invite you to participate in the extraordinary Economy of the United States, the Number One Market in the World, by far.”

He ended each letters by saying, “Thank you for your attention to this matter!”

X
This content material is supplied by X, which can be utilizing cookies and different applied sciences.To indicate you this content material, we want your permission to make use of cookies.You should utilize the buttons beneath to amend your preferences to allow X cookies or to permit these cookies simply as soon as.You may change your settings at any time by way of the Privateness Choices.
Sadly we’ve been unable to confirm in case you have consented to X cookies.To view this content material you should utilize the button beneath to permit X cookies for this session solely.

Allow Cookies
Enable Cookies As soon as

X
This content material is supplied by X, which can be utilizing cookies and different applied sciences.To indicate you this content material, we want your permission to make use of cookies.You should utilize the buttons beneath to amend your preferences to allow X cookies or to permit these cookies simply as soon as.You may change your settings at any time by way of the Privateness Choices.
Sadly we’ve been unable to confirm in case you have consented to X cookies.To view this content material you should utilize the button beneath to permit X cookies for this session solely.

Allow Cookies
Enable Cookies As soon as

The European Union – the largest single US buying and selling companion – is amongst these set to get a letter within the coming days.

Mr Trump has additionally threatened an extra 10% tariff on any nation aligning itself with the “anti-American policies” of BRICS nations – these are Brazil, Russia, India, China and South Africa and whose members additionally embrace Egypt, Ethiopia, Indonesia, Iran and the United Arab Emirates.

The UK, bar an enormous shock U-turn, ought to be exempt.

Please use Chrome browser for a extra accessible video participant

2:49

What does the UK-US commerce deal contain?

The nation was the primary to be granted a commerce deal, of types, in Might and the Trump administration has claimed many others had been providing concessions because the clock ticked right down to 9 July.

The UK just isn’t anticipated to face any adjustments to its present 10% fee because of the commerce truce, which got here into impact final week.

Whereas UK-made automobiles aerospace merchandise face no duties below a brand new quota association, it nonetheless stays to be seen whether or not 25% tariffs on UK-produced metal and aluminium will probably be cancelled.

Please use Chrome browser for a extra accessible video participant

Ed Conway5:08

Can the UK keep away from metal tariffs?

They may, conceivably, even be raised to 50%, as is at present the case for America’s different buying and selling companions, as a result of no settlement on eliminating the speed was reached when the federal government struck its deal in Might.

All of it quantities to extra uncertainty for the UK metal sector.

A No 10 spokesman mentioned on Monday: “Our work with the US continues to get this deal applied as quickly as potential.

“That can take away the 25% tariff on UK metal and aluminium, making us the one nation on the earth to have tariffs eliminated on these merchandise.

“The US agreed to remove tariffs on these products as part of our agreement on 8 May. It reiterated that again at the G7 last month. The discussions continue, and will continue to do so.”

China and Vietnam have additionally secured some US concessions.

The greenback strengthened however US inventory markets misplaced floor within the wake of the letters to Japan and South Korea being made public, with the broad-based S&P 500 down by 1%.

Inventory markets in each Japan and South Korea have been closed for the day however US-traded shares of SK Telecom and LG Show have been down 7.5% and 5.8% respectively.

TAGGED:DaydelayedLiberationmoneynationsNewspayRevealstariffstradeTrumpwar
Share This Article
Twitter Email Copy Link Print
Previous Article GE Home equipment to maneuver washer manufacturing from China to Kentucky in 0M funding GE Home equipment to maneuver washer manufacturing from China to Kentucky in $490M funding
Next Article S.F. Ballet dancer, Stanford pupil: A younger artist’s balancing act S.F. Ballet dancer, Stanford pupil: A younger artist’s balancing act

Editor's Pick

Brooke Hogan Written Out of Hulk’s Will (At Her Personal Request)

Brooke Hogan Written Out of Hulk’s Will (At Her Personal Request)

Studying Time: 3 minutes Brooke Hogan isn’t in her dad’s will, a brand new report reveals. Regardless of years of…

By Editorial Board 4 Min Read
6 Greatest Underwear To Stop Chafing For Males in 2025 | Fashion
6 Greatest Underwear To Stop Chafing For Males in 2025 | Fashion

We independently consider all really helpful services. Any services or products put…

15 Min Read
9 Finest Males’s Shorts Manufacturers – Versatile Types For 2025 | Fashion
9 Finest Males’s Shorts Manufacturers – Versatile Types For 2025 | Fashion

We independently consider all advisable services. Any services or products put ahead…

13 Min Read

Oponion

12 Of The Greatest Hair Putty Choices to Get You Via 2024 | Fashion

12 Of The Greatest Hair Putty Choices to Get You Via 2024 | Fashion

Lately, males’s hairstyles are available in all sizes and shapes.…

September 17, 2024

MAGA backers like Trump’s ‘Large lovely Invoice’—till they study of well being penalties

And even Trump’s most ardent supporters…

June 22, 2025

Panasonic Plans Additional EV Battery Plant in U.S.

TOKYO—Panasonic Holdings a supplier to electric-vehicle…

August 26, 2022

Germany Fights Soaring Home Prices

Frankfurt—Germany’s financial regulator said it would…

January 12, 2022

‘For Those Who Haven’t Even Learn NEP…’: Union Minister Jayant Singh On Language Row

Final Up to date:February 23, 2025,…

February 23, 2025

You Might Also Like

Promote solely Swadeshi items, PM Modi exhorts Indian merchants amid ‘global economic uncertainty’
World

Promote solely Swadeshi items, PM Modi exhorts Indian merchants amid ‘global economic uncertainty’

Asserting that India is on the trail to changing into the world’s third-largest financial system, Prime Minister Narendra Modi stated…

6 Min Read
Man establishes tiny republic of 400 individuals in disputed Croatia-Serbia border territory
World

Man establishes tiny republic of 400 individuals in disputed Croatia-Serbia border territory

A person has declared himself president of a self-proclaimed nation nestled in a disputed patch of land between Croatia and…

6 Min Read
Pope Leo XIV thrills a whole bunch of 1000’s of younger Catholics at Holy 12 months youth pageant
World

Pope Leo XIV thrills a whole bunch of 1000’s of younger Catholics at Holy 12 months youth pageant

A whole lot of 1000's of younger Catholics poured into an unlimited area on Rome’s outskirts Saturday for the weekend…

7 Min Read
76-year-old U.Ok. man accused of giving sedative-laced sweet to children at camp
World

76-year-old U.Ok. man accused of giving sedative-laced sweet to children at camp

A 76-year-old man in England was arrested for allegedly giving boys at a summer season camp sweet laced with a…

2 Min Read
The Wall Street Publication

About Us

The Wall Street Publication, a distinguished part of the Enspirers News Group, stands as a beacon of excellence in journalism. Committed to delivering unfiltered global news, we pride ourselves on our trusted coverage of Politics, Business, Technology, and more.

Company

  • About Us
  • Newsroom Policies & Standards
  • Diversity & Inclusion
  • Careers
  • Media & Community Relations
  • WP Creative Group
  • Accessibility Statement

Contact

  • Contact Us
  • Contact Customer Care
  • Advertise
  • Licensing & Syndication
  • Request a Correction
  • Contact the Newsroom
  • Send a News Tip
  • Report a Vulnerability

Term of Use

  • Digital Products Terms of Sale
  • Terms of Service
  • Privacy Policy
  • Cookie Settings
  • Submissions & Discussion Policy
  • RSS Terms of Service
  • Ad Choices

© 2024 The Wall Street Publication. All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?