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Breaking: Trump Hits 25% Tariffs On South Korea & Japan, Slaps 40% On Vietnam & Laos
In a dramatic escalation of trade tensions, former U.S. President Donald Trump has announced hefty new tariffs on key Asian economies. South Korea and Japan will now face a 25% tariff on their exports to the U.S., while Vietnam and Laos have been hit even harder with a staggering 40% tariff. This move, which Trump claims is aimed at protecting American industries and addressing what he calls “unfair trade practices,” has already sent shockwaves through global markets. The decision is expected to strain U.S. relations with its Asian allies and trading partners, and analysts warn of potential retaliatory measures. Watch as we break down the details, reactions from impacted countries, and what this means for the global economy.
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