{"id":2456511,"date":"2025-07-07T16:56:59","date_gmt":"2025-07-07T20:56:59","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/trump-reveals-first-two-countries-that-will-be-hit-with-higher-tariffs-others-expected-soon\/"},"modified":"2025-07-07T16:58:25","modified_gmt":"2025-07-07T20:58:25","slug":"trump-reveals-first-two-countries-that-will-be-hit-with-higher-tariffs-others-expected-soon","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/trump-reveals-first-two-countries-that-will-be-hit-with-higher-tariffs-others-expected-soon\/","title":{"rendered":"Trump Reveals First Two Countries That Will Be Hit With Higher Tariffs &#8211; Others Expected Soon"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">32<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Ftrump-reveals-first-two-countries-that-will-be-hit-with-higher-tariffs-others-expected-soon%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2456511&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>President Donald Trump has announced that the U.S. will impose a 25% tariff on Japan and South Korea starting August 1. This decision was communicated through letters sent to Japanese Prime Minister Shigeru ishiba and South korean President Lee Jae-myung, highlighting the ongoing trade deficit. Despite the hefty tariffs, Trump has expressed a willingness to negotiate, indicating that these tariffs could be adjusted based on the relationship with these countries. The letters make it clear that any increase in tariffs from Japan or South Korea would result in additional tariffs from the U.S. The announcement comes close to a deadline for <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/united-states-and-mexico-to-cooperate-on-semiconductors-electric-vehicles\/\" title=\"United States and Mexico to Cooperate on Semiconductors, Electric Vehicles\">trade discussions<\/a>, and it has already <a href=\"https:\/\/amzn.to\/3YuVZYV\" >caused notable declines<\/a> in major stock indexes. Treasury Secretary Scott bessent hinted that more trade announcements are expected soon.  <\/p>\n<p class=\"readmore\">\n    <button onclick=\"showReadMore()\" id=\"readmorebtn\">Read more&#8230;<\/button>\n<\/p>\n<hr id=\"line\">\n<span id=\"more\"><\/p>\n<p><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><\/p>\n<section> \t\t\t\t<script>console.log(\"ad slot (AC1)\")<\/script><script>console.log(\"ad slot (IC1)\")<\/script><script>console.log(\"ad slot (IC2)\")<\/script><script>console.log(\"ad slot (IC3)\")<\/script><script>console.log(\"ad slot (IC4)\")<\/script><script>console.log(\"ad slot (REP_0)\")<\/script><\/p>\n<p>President Donald Trump ratcheted up the pressure on Japan and South Korea Monday, sending letters saying the U.S. will impose 25 percent tariffs starting Aug. 1.<\/p>\n<p>But he did leave a little wiggle room in case they want to return to the negotiating table.<\/p>\n<p>The <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/psaki-on-dallas-mavericks-stopping-national-anthem-before-games-its-about-recognizing-u-s-isnt-perfect\/\" title=\"Psaki On Dallas Mavericks Stopping National Anthem Before Games: It\u2019s About Recognizing U.S. Isn\u2019t Perfect\">president made<\/a> the announcement in a pair of  posts that included images of the letters to Japanese Prime Minister <a href=\"https:\/\/www.westernjournal.com\/watch-trump-makes-huge-us-steel-announcement-moment-recalls-workers-flooding-stage-thank\/\" target=\"_blank\" rel=\"noopener\">Shigeru Ishiba<\/a> and South Korean President Lee Jae-myung.<\/p>\n<p><a href=\"https:\/\/www.cnbc.com\/2025\/07\/07\/trump-tariffs-trade-letters-japan.html\" target=\"_blank\" rel=\"noopener\">CNBC<\/a> reported the two letters could be the first of up to 15 that he could send between Monday and Wednesday.<\/p>\n<p>Trump opened his <a href=\"https:\/\/truthsocial.com\/@realDonaldTrump\/posts\/114812854233087572\" target=\"_blank\" rel=\"noopener\">letter<\/a> to Japan by noting the strength of the two countries&rsquo; trading relationship.<\/p>\n<p> <script type=\"text\/javascript\"> \t\t\tif ( getCookie( \"ff_subbed\" ) ) { \t\t\t\tdocument.getElementById(\"stnvideo\").remove() \t\t\t} else { \t\t\t\tdocument.addEventListener(\"DOMContentLoaded\", function() { \t\t\t\t\tfunction loadScript(src) { \t\t\t\t\t\tconst script=document.createElement(\"script\"); \t\t\t\t\t\tscript.src=src; \t\t\t\t\t\tscript.async=true; \t\t\t\t\t\tdocument.body.appendChild(script); \t\t\t\t\t} \t\t\t\t\tfunction findPreviousParagraph(selector, x) { \t\t\t\t\t\tconst targetElement=document.querySelector(selector); \t\t\t\t\t\tif (!targetElement) { \t\t\t\t\t\t\tconsole.warn(\"Target element not found.\"); \t\t\t\t\t\t\treturn null; \t\t\t\t\t\t}  \t\t\t\t\t\t\/\/ Get all <\/p>\n<p> elements in order as they appear in the document \t\t\t\t\t\tlet paragraphs=Array.from(document.querySelectorAll(\"p\"));  \t\t\t\t\t\t\/\/ Find the index of the last <\/p>\n<p> before the target element \t\t\t\t\t\tlet targetIndex=paragraphs.findIndex(p=> p.compareDocumentPosition(targetElement) & Node.DOCUMENT_POSITION_PRECEDING); 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\t\t\t\t\tobserveElement(paragraphToObserve); \t\t\t\t}); \t\t\t} \t\t<\/script> <\/p>\n<p>He continued, writing, that the U.S. &ldquo;has agreed to continue to work with Japan, despite having a significant trade deficit with your great country.&rdquo;<\/p>\n<p>But given this reality, Trump said he is imposing a <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/mo-brooks-proposes-steep-tariffs-on-china-to-pay-for-coronavirus-damages\/\" title=\"Mo Brooks Proposes Steep ... on China to Pay for Coronavirus Damages\">25 percent tariff<\/a>, which is separate from the sector tariffs already in place, like those on auto and steel imports.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">BREAKING: Trump has just officially declared that Japan and South Korea will have a 25% tariff starting on August 1st!<\/p>\n<p>They didn&rsquo;t make a deal, now they will pay the price. <a href=\"https:\/\/t.co\/aw60Dwegzj\">pic.twitter.com\/aw60Dwegzj<\/a><\/p>\n<p>&mdash; Gunther Eagleman&trade; (@GuntherEagleman) <a href=\"https:\/\/twitter.com\/GuntherEagleman\/status\/1942263470067433474?\">July 7, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>&ldquo;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 percent we charge,&rdquo; Trump wrote.<\/p>\n<p>The president indicated that if Japan wishes to open its market to U.S. products, the 25 percent tariff could be adjusted downward.<\/p>\n<p>Trump&rsquo;s letter to <a href=\"https:\/\/www.westernjournal.com\/chaotic-scenes-footage-shows-complete-madness-south-koreas-president-declares-martial-law\/\" target=\"_blank\" rel=\"noopener\">Jae-myung<\/a> read similarly.<\/p>\n<p>&ldquo;These tariffs may be modified, upward or downward, depending on our relationship with your Country,&rdquo; he wrote in both letters.<\/p>\n<p>Trump closed with one of his favorite lines, &ldquo;Thank you for your attention to this matter!&rdquo;<\/p>\n<p>Shortly after announcing his <a href=\"https:\/\/www.westernjournal.com\/official-liberation-day-list-tariffs-maga-dream-come-true\/\" target=\"_blank\" rel=\"noopener\"><a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/how-countries-are-responding-to-trumps-liberation-day-tariffs\/\" title=\"How ... are responding to ...&#039;s &#039;Liberation Day&#039; ...\">reciprocal tariff rates<\/a><\/a> in early April, Trump placed a 90-day pause on their implementation to allow time for trade talks. That deadline is Wednesday, July 9.<\/p>\n<p>So far, the U.S. and the United Kingdom have signed a comprehensive agreement, while China and Vietnam have agreed to trade frameworks with the Trump administration, according to the <a href=\"https:\/\/apnews.com\/article\/trump-japan-south-korea-tariff-25-2c725e8f06367e20f9300c1081ea4ec0\" target=\"_blank\" rel=\"noopener\">Associated Press<\/a>.<\/p>\n<p>However, Treasury Secretary Scott Bessent told CNBC Monday, &ldquo;We are going to have several announcements in the next 48 hours.&rdquo;<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">.<a href=\"https:\/\/twitter.com\/SecScottBessent?\">@SecScottBessent<\/a> on trade negotiations: &ldquo;We are going to have several announcements in the next 48 hours&hellip; What President Trump is concerned about is the quality of the deals, not the quantity&hellip; It&rsquo;s going to be a busy couple of days.&rdquo; <a href=\"https:\/\/t.co\/xBWFDoaP7l\">pic.twitter.com\/xBWFDoaP7l<\/a><\/p>\n<p>&mdash; Rapid Response 47 (@RapidResponse47) <a href=\"https:\/\/twitter.com\/RapidResponse47\/status\/1942197285720350979?\">July 7, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>&ldquo;What President Trump is concerned about is the quality of the deals, not the quantity,&rdquo; he added.<\/p>\n<p>With the deadline approaching, Bessent reported that his mailbox is full with a lot of new proposals, so &ldquo;It&rsquo;s going to be a busy couple of days.&rdquo;<\/p>\n<p><a href=\"https:\/\/www.wsj.com\/livecoverage\/stock-market-today-dow-sp-500-nasdaq-07-07-2025?gaa_at=eafs&amp;gaa_n=ASWzDAgZLql22Ha2NOymPE026Ixwroy_bFCN6u8XPzAEYPQybGwH3M3MDCfc0Wia83I%3D&amp;gaa_ts=686c0e2c&amp;gaa_sig=MqkafUup0mICoNfRDi8rMOtJ5v_i-XYDsrOHy7UpA-gh_P_Qmc15tswpK9P4QiKzAkxauDVXPHmqly1FERf_tQ%3D%3D\" target=\"_blank\" rel=\"noopener\">The Wall Street Journal<\/a> reported that the three major stock indexes, which were all in record territory, dropped on news of Trump&rsquo;s new tariffs.<\/p>\n<p>The Dow Jones Industrial Average was off over 500 points, or 1.1 percent, as of Monday afternoon.<\/p>\n<div style=\"position: relative;\">\n<div class=\"ff-fancy-header-container\"> \t\t\t \t<\/div>\n<div class=\"entry-submit-correction inner-content\">\n<div class=\"correction-form\">\n<form style=\"display: none;\">\n<div class=\"sc-name-field\"> \t\t\t\t\t\t<label>* Name<\/label> \t\t\t\t\t\t<br \/> \t\t\t\t\t\t<input type=\"text\" name=\"name\" required> \t\t\t\t\t<\/div>\n<div class=\"sc--field\"> \t\t\t\t\t\t<label>* <\/label> \t\t\t\t\t\t<br \/> \t\t\t\t\t\t<input type=\"text\" name=\"\" required> \t\t\t\t\t<\/div>\n<p> \t\t\t\t\t<label>* Message<\/label> \t\t\t\t\t<br \/> \t\t\t\t\t<textarea name=\"message\" required><\/textarea> \t\t\t\t\t \t\t\t\t\t<\/p>\n<div class=\"required-message\" style=\"display: none; padding-bottom: 15px;\">* All fields are required.<\/div>\n<p> \t\t\t\t\t<input type=\"submit\" value=\"Submit\" onclick=\"event.preventDefault(); firefly_sc();\"> \t\t\t\t\t \t\t\t\t\t<\/p>\n<div class=\"firefly-sc-confirm\" style=\"display: none;\">Success!<\/div>\n<\/p><\/form>\n<\/p><\/div>\n<\/p><\/div>\n<p> \t\t<script> \t\t\tfunction firefly_sc() { \t\t\t\tif( typeof window.captchaPublicKey==typeof undefined ){ \t\t\t\t\tconsole.error('window.captchaPublicKey is not defined'); \t\t\t\t} \t\t\t\tgrecaptcha.execute( window.captchaPublicKey, { action: 'submit_correction' } ).then( function( token ) { \t\t\t\t\tvar opts={ \t\t\t\t\t\taction:    'firefly_sc_submit', \t\t\t\t\t\tname:      document.querySelector( '.entry-submit-correction [name=\"name\"]' ).value, \t\t\t\t\t\t:     document.querySelector( '.entry-submit-correction [name=\"\"]' ).value, \t\t\t\t\t\tmessage:   document.querySelector( '.entry-submit-correction [name=\"message\"]' ).value, \t\t\t\t\t\tpost_id:   firefly_post_id, \t\t\t\t\t\tcap_token: token \t\t\t\t\t}  \t\t\t\t\tvar inputs=[ 'name', '', 'message' ];  \t\t\t\t\tfor( var i=0; i <inputs.length; i++ ) if( ! 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However, he left some room for negotiation if they wish to discuss terms further. The announcement was made through two posts featuring images of the letters addressed to Japanese Prime Minister Shigeru Ishiba and South Korean President Lee Jae-myung. According to CNBC, these letters could be the first of up to 15 that Trump may send between Monday and Wednesday. In his letter to Japan, Trump acknowledged the strong trading relationship between the two nations but stated that due to a significant trade deficit, he would impose this new tariff in addition to existing sector tariffs on items like autos and steel. He warned that if either country raises their tariffs, it would increase the U.S.&#8217;s rate as well. Both letters indicated that these tariffs could be adjusted based on their bilateral relations, with Trump concluding with his customary phrase of gratitude for their attention<\/p>\n","protected":false},"author":1,"featured_media":2456512,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/www.westernjournal.com\/wp-content\/uploads\/2025\/07\/Trump-tariff-announcement-Monday.jpg","fifu_image_alt":"","footnotes":""},"categories":[33651],"tags":[9168,32402,50406,42205,3634],"class_list":["post-2456511","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-western-journal","tag-economy","tag-international-relations","tag-tariffs-2","tag-trade-policy","tag-trump"],"fifu_image_url":"https:\/\/www.westernjournal.com\/wp-content\/uploads\/2025\/07\/Trump-tariff-announcement-Monday.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2456511","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2456511"}],"version-history":[{"count":3,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2456511\/revisions"}],"predecessor-version":[{"id":2456515,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2456511\/revisions\/2456515"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2456512"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2456511"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2456511"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2456511"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}