Trump Slaps 25% Tariffs on South Korea and Japan, Threatens Steeper Duties on Five More Nations

Former President vows economic retaliation if allies don’t reduce U.S. trade deficits, intensifies rhetoric ahead of August announcement

Washington – Former U.S. President Donald Trump announced sweeping 25% tariffs on imports from South Korea and Japan, effective August, and warned that five other countries could face even harsher duties—up to 60%—if they don’t reduce their trade surpluses with the U.S.

In a strongly worded message on his Truth Social platform, Trump specifically called out Japanese Prime Minister Fumio Kishida and South Korean President Yoon Suk-yeol, accusing both nations of exploiting America economically. “Their relationship, unfortunately, has been far from Reciprocal,” Trump stated.

The move is part of a broader plan to curb what Trump describes as “unfair” trade practices. “We’ve been working with these countries for years, and all we’ve received in return is massive trade imbalances,” Trump claimed. He said Japan and South Korea should expect further action if conditions do not improve.

The tariffs will be officially announced in August, with the former president pledging even harsher penalties—up to 60%—on five additional, unnamed countries unless they make substantial adjustments to their trade practices.

Trump’s campaign advisor Ken Blackwell said the measure aims to punish “freeloaders” among U.S. allies and trade partners. Former U.S. Trade Representative Robert Lighthizer said the move is part of Trump’s broader economic strategy to repatriate American manufacturing and reduce dependency on foreign supply chains.

However, critics warn of the economic fallout. Analysts believe the aggressive trade stance could strain ties with key allies and damage global supply chains. “The risk of escalation is high, especially given Trump’s transactional view of diplomacy,” said a senior foreign policy expert.

Trump’s decision echoes his administration’s previous actions, including the 2018 steel and aluminum tariffs. At that time, Japan and South Korea also faced steep duties, though South Korea later negotiated an exemption. The current announcement revives concerns among manufacturers and U.S. trading partners.

In the midst of growing election-year tensions, Trump’s rhetoric and policy proposals are seen as a signal to his voter base. His campaign has made trade imbalances and “America First” policies central to its 2025 platform.

Meanwhile, Treasury Secretary Scott Bessent defended the move, stating it demonstrates that “America will no longer tolerate economic exploitation.” Trump allies also hinted at more actions in the coming months.

With global markets on alert, the business world is bracing for another round of U.S.-led trade tensions.

Team Maverick.