No escape for allies Japan, South Korea in Trump’s tariff update
After April’s “liberation day” onslaught, formal notification of 25 per cent duties revives questions about the stability of long-standing trade partnerships in the new era of economic nationalism.
Tokyo | The US-Japan-South Korean alliance, long considered the bedrock of America’s strategic presence in Asia, is under strain as President Donald Trump presses ahead with tariffs that will hit Tokyo and Seoul harder than expected.
Both long-time security allies of the US were on a list of 12 to which Washington on Monday (Tuesday AEST) issued formal notices of final tariffs, although the White House left scope for further negotiation before a new deadline of August 1, pushed out from July 9.
Loading...
Jessica Sier is the North Asia Correspondent for The Australian Financial Review. She is based in Tokyo, Japan. Jessica has previously written on technology, global capital markets and economics. Connect with Jessica on Twitter. Email Jessica at jessica.sier@afr.com
