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Trump Announces High Tariffs on Malaysia/ Other Countries Starting Aug, Excluding JP & S Korea
US President Donald Trump revealed on Monday that, starting 1 August, imported products from at least 7 countries will face high uniform tariffs.Trump shared screenshots on social ...
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Trump Announces High Tariffs on Malaysia/ Other Countries Starting Aug, Excluding JP & S Korea
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US President Donald Trump revealed on Monday that, starting 1 August, imported products from at least 7 countries will face high uniform tariffs.

Trump shared screenshots on social media of letters dictating new tariff rates to the leaders of Japan, South Korea, Malaysia, Kazakhstan, South Africa, Laos and Myanmar.

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The tariffs include a 25% duty on imports from Japan and South Korea, while goods imported from Malaysia and Kazakhstan to the US will also face a 25% tariff. South African goods will subject to a 30% US tariff, and products imported from Laos and Myanmar will face a 40% duty.

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