Trump unveils 25% tariffs on South Korea and Japan, nearly identical to his 'Liberation Day' rates. Yahoo Finance's Washington Correspondent Ben Werschkul reports: Read more here.

WASHINGTON — President Donald Trump said he's imposing a 25% tariffs on goods from Japan and South Korea beginning on August 1 as the Republican continues his pressure campaign on longtime U.S ...

South Korea will follow terms previously agreed with the United States on defence cost sharing, its foreign ministry said on Wednesday, following a call by U.S. President Donald Trump for Seoul to pay more for the U.

Asian shares rose Tuesday after stocks on Wall Street closed broadly lower as the White House stepped up pressure on major trading partners to make deals before punishing tariffs imposed by the U.S. take effect.

The president has already threatened an additional 10% tariff on goods from countries aligning themselves with a bloc of nations that includes China and Russia.

President Donald Trump threatened to double the baseline universal tariff to 20%, citing record stock gains to dispel fears that such a move would hammer the global economy. Even as financial markets barely budged on the news,