Donald Trump announces 25% tariffs on Japan and South Korea

Donald Trump announces 25% tariffs on Japan and South Korea
Tokyo Tower is seen amid tall buildings as a container ship leaves a cargo terminal (Hiro Komae/AP)

US President Donald Trump has set a 25% tax on goods imported from Japan and South Korea, as well as new tariff rates on Malaysia, Kazakhstan, South Africa, Laos, Myanmar and Tunisia.

The tariffs are set to go into effect on August 1.

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