The Online Kenyan Logo

The Online Kenyan

C
Originally published by Capital Business
📰 Read Full Article
business
July 8, 2025
4mo ago

Trump announces 25% tariffs on South Korea and Japan

Trump announces 25% tariffs on South Korea and Japan

JULY 8 - The US plans to impose a 25% tax on products entering the country from South Korea and Japan on 1 August, President Donald Trump has said. He Kenya breaking news | Kenya news today |..

✨ Key Highlights

President Donald Trump has announced plans to impose a 25% tariff on products from South Korea and Japan, effective 1 August.

  • 25% tariffs set to impact goods from Japan and South Korea
  • Trump announced the tariffs via social media and indicated ongoing negotiations with various countries
  • Initial tariffs were part of a larger trade policy; negotiations to avoid the new duties are set to expire on 9 July

Continue Reading

Read the complete article from Capital Business

📰 Read Full Article

Part of the Day's Coverage

Tariff and Trade Policy Changes Impacting Countries

US delays higher tariffs but introduces new taxes; Trump announces 25% tariffs on South Korea and Japan; Ramaphosa opposes Trump's South Africa tariffs.

US delays higher tariffs but announces new taxes for some countries
US delays higher tariffs but announces new taxes for some countries

Capital Business

Ramaphosa opposes Trump’s 30% tariff on South Africa
Ramaphosa opposes Trump’s 30% tariff on South Africa

Capital Business

3 stories in this topic
View Full Coverage

Related News

Trump will meet with Xi in South Korea, says White House
top4w ago

Trump will meet with Xi in South Korea, says White House

US President Donald Trump will meet with his Chinese counterpart Xi Jinping in South Korea on October 30, the White House confirmed, amidst rising tensions over trade and rare earth exports.

C
Capital News
📰 Read Full Story
U.S. agrees to cut tariffs on Switzerland to 15pc
business6d ago

U.S. agrees to cut tariffs on Switzerland to 15pc

The U.S. and Switzerland, joined by Liechtenstein, have agreed to a framework trade deal where the U.S. will cut tariffs on Swiss products from 39 percent to 15 percent. This agreement follows months of negotiations and aims to conclude by early 2026.

C
Capital Business
📰 Read Full Story
KURA Announces 28-Day Traffic Disruption on Ngong Road
top2w ago

KURA Announces 28-Day Traffic Disruption on Ngong Road

The Kenya Urban Roads Authority (KURA) has announced a 28-day traffic disruption on Ngong Road near the Junction Mall Area to facilitate the erection of a flyover's steel structure.

K
Kenyans
📰 Read Full Story