Trump Unveils 25 Percent Tariffs in Letters to Japan and South Korea

President Donald Trump has unveiled tariffs of 25 percent on Japanese and South Korean imports into the United States. He sent details of the new levies to both countries in letters. Trump is scheduled to have dinner with Israeli Prime Minister Benjamin Netanyahu at the White House on Monday evening. Trump has warned members o…

Tesla Stock Tumbles After Elon Musk Announces New Political Party

Elon Musk listens as then President-elect Donald Trump addresses a House Republicans Conference meeting at the Hyatt Regency on Capitol Hill in Washington on Nov. 13, 2024. Andrew Harnik/Getty Images Tesla stock dropped by more than 7 percent during trading on Monday after CEO Elon Musk announced over the weekend that he’s forming the “America

Trump Imposes Reciprocal Tariffs on Japan, South Korea, and 12 Other Countries

President Donald Trump speaks with reporters as he departs for Florida from the White House on July 1, 2025. Madalina Kilroy/The Epoch Times President Donald Trump on July 7 issued letters announcing reciprocal tariffs on a slate of countries set to take effect on Aug. 1, including 25 percent tariffs on Japan and South Korea,