Photo: portsamerica.com
Global Trade

Trump to put import taxes on pharmaceutical drugs, kitchen cabinets, furniture and heavy trucks

White House Press Secretary Karoline Leavitt holds a letter from President Donald Trump addressed to South Korean President Lee Jae Myung during a press briefing at the White House in Washington July 7, 2025. | Andrew Caballero-Reynolds/AFP via Getty Images
Global Trade

Trump sets 25% tariffs on Japan and South Korea, and new import taxes on 12 other nations

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