{"id":26091,"date":"2025-07-08T08:27:19","date_gmt":"2025-07-08T12:27:19","guid":{"rendered":"https:\/\/stateofthenation.info\/?p=26091"},"modified":"2025-07-08T08:27:19","modified_gmt":"2025-07-08T12:27:19","slug":"trade-crackdown-14-countries-receive-tariff-letters-including-japan-south-korea-and-thailand","status":"publish","type":"post","link":"https:\/\/stateofthenation.info\/?p=26091","title":{"rendered":"Trade Crackdown: 14 Countries Receive Tariff Letters Including Japan, South Korea And Thailand"},"content":{"rendered":"<p><!--more--><\/p>\n<hr \/>\n<p><strong>Summary:\u00a0<\/strong><\/p>\n<ul>\n<li>US President Donald Trump announced plans to impose higher tariff rates of 25%-40% on key trading partners and signed an executive order holding off the new duties until Aug. 1.<\/li>\n<li>Tariffs on Japan, South Korea, Malaysia, Kazakhstan and Tunisia, would be 25%, South Africa and Bosnia 30%, Indonesia 32%, Bangladesh and Serbia 35%, Thailand and Cambodia 36%, while Laos and Myanmar would face a 40% levy.<\/li>\n<li>Meanwhile, Trump suggested the possibility of additional trade negotiations and delays at the White House shortly after he sent out the tariff letters, as he said the notifications were \u201cnot 100% firm\u201d. He also said the US is close in making a deal with India.<\/li>\n<li>White House Press Secretary Karoline Leavitt said additional letters will arrive in the coming days.<\/li>\n<\/ul>\n<p><strong>Main takeaways:<\/strong><\/p>\n<ol>\n<li>the deadline was pushed towards August 1st vs. July 9th;<\/li>\n<li>announced new tariff levels (effective on August 1st) for 14 countries<\/li>\n<li>Trump said that the tariffs on each country would be separate from any \u201csectoral\u201d tariffs that he imposes;<\/li>\n<li>we should expect more deals\/letters coming: Leavitt said Trump will send more letters<\/li>\n<\/ol>\n<hr \/>\n<p>____<br \/>\n<a href=\"https:\/\/www.zerohedge.com\/economics\/trade-tariff-recap-all-eyes-todays-12pm-signed-letters-announcement\">https:\/\/www.zerohedge.com\/economics\/trade-tariff-recap-all-eyes-todays-12pm-signed-letters-announcement<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-26091","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/stateofthenation.info\/index.php?rest_route=\/wp\/v2\/posts\/26091","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stateofthenation.info\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stateofthenation.info\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stateofthenation.info\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/stateofthenation.info\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=26091"}],"version-history":[{"count":0,"href":"https:\/\/stateofthenation.info\/index.php?rest_route=\/wp\/v2\/posts\/26091\/revisions"}],"wp:attachment":[{"href":"https:\/\/stateofthenation.info\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=26091"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stateofthenation.info\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=26091"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stateofthenation.info\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=26091"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}