Trump Tariff News | Donald Trump Imposes Tariffs On Japan, South Korea, Malaysia

U.S. President Donald Trump has just slapped new tariffs on 14 countries, with some as high as 40 percent! Myanmar and Laos have taken the biggest hitsfacing 40% tariffs. Others like Japan, South Korea, and Indonesia are also on the list. They are all part of what Trump calls a plan to fix 'unfair trade deals' and protect U.S. jobs. Trump sent letters to major trading partners, including Japan and South Korea, dictating new blanket tariffs - The letters, which caused US stocks to tumble, are a message to those countries where White House officials "don't believe that trade talks are going particularly well," a former trade negotiator said. The notices also deal a blow to "hopes that Trump would scale back tariff threats and de-escalate a trade war," some experts argue.

Related Videos