US President Donald Trump has set an import duty of 25 %on goods from Japan and South Korea. He pointed out the persistent imbalance in the trade with these key Asian economies and the US for the US. Informed AP.
Trump pointed out the duties valid from August 1 by the publication of the letters addressed to the representatives of the TRUuth Social social network. In addition to the announcement of the amount of the government of the government of Japan and South Korea in letters, he warned not to respond to these duties by retaliatory measures in the form of increasing their own import duties to US goods.
If they do so, The US will increase import duties that will significantly damage the Japanese and South Korean automotive and electronic sectors. Both countries are important for the US to reduce the impact of China in these areas.
“If, for any reason, you decide to increase your own duties, then the scope you increase will be added to the 25 % US tariffs we set,” He wrote Trump in letters for Japanese Prime Minister Šigero Išiba and South Korean President and Chi Mjong.