Trump’s tariffs take effect in fresh test for global economy
Trump doubles down on China tariffs while Japan and South Korea accept costly trade terms to avoid 25% automotive duties.
Container ships and cargo stacks at the Port of Los Angeles face Trump’s sweeping tariff regime, with 15% duties on Japanese automobiles and South Korean electronics reshaping Pacific trade flows. Image: Getty Images
Container ships and cargo stacks at the Port of Los Angeles face Trump’s sweeping tariff regime, with 15% duties on Japanese automobiles and South Korean electronics reshaping Pacific trade flows. Image: Getty Images
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