Washington, July 7: July 7th: US President Donald Trump, US President on July 7, 2025 in Washington, Washington, D.S. Uh.
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On the first party “Tariff letters” sent to the trading partners, US President Donald Trump solves existing problems with two allies of the nearest, Japan and South Korea in Asia, both of Japan and South Korea.
Additional tariffs continue to harm further from export-dependent countries, which are subject to slowdown in growth, technical decline or two straight economic contractions in Japan.
Both Japan and South Korea He saw a contract of gross domestic product on the first quarter quarterly.
When South Korea imported USA in the United States, 25% of US rates, promised in April, and the exchange rate in Japan increased to a 1 percentage point.
Exports – including services – almost made 22% of Japan’s GDP in 2023According to World Bank’s latest data and In 2023, South Korea’s GDP is 44%.
Currently, imports of cars and cars to the United States receive a 25% tariff, and steel and aluminum attract 50% in many countries.
Cars are Japan’s largest exports to the United States, as well as one of the largest exports in South Korea. South Korea was also The fourth largest steel exporter to the United States In 2024, according to the International Trade Department of the US Department of Trade.
Japanese Prime Minister Shimu Isiba reported Our country is actively looking for the opportunities to benefit from both countries and Japan’s national interests, both countries. In May, Isaiah said His country does not accept a deal that can not see auto elimination of auto tariffs.
The newly published tariffs will reduce Japan’s GDP in 2026 by 0.1 percentage points, according to the leader Norihiro Yamaguchi, according to the leader of EYCFOND Esconcical, will be reduced by the end of 2026.
“The economy already has uncertainty about the auto and rising global trade policy, as well as weak consumption, and suffer from weak consumption, and it should be rejected,” he said to CNBC.
Yumagchi’s economy in the second half of 2025 and in the first half of 2025, if in the first half of 2026, it will “barely grow” in the first half of 2026.
The United States is Japan’s largest export markets, 21.3 trillion yen ($ 145.76 billion) delivery in 2024 to the country and South Korea has been exported to US $ 127.8 billion That same year and consider the United States to be the second largest export market.
Show “Tariff Policy Enhanced Position” Bank of Korea in May About twice increased by 2025 by 2025 by 0.8% of the estimated estimates of GDP.
“It is expected that the growth of domestic demand is expected to slow down due to the exposure to the U.S. tariffs,” the growth of exports will continue to slow down, “Bok said.
Frederick Nusan, Frederick Neinan, Japan and South Korea in KNA, said that these tariffs will be significantly suppressed for growth.
Both Japan and South Korea have encountered lazy household demand.
Recommend a silver lining, Trump, if they want to consider the amendment to this letter, “If the countries open” herethoric closed “markets to the United States
Pressure tactics are imported in South Korea and Japan, Varathan, Varathan, Mizuho Managing Director for Securities.
“Suspension of more than the principles and integrity of Japan (closing industry tariffs), it is very important for us to trade negotiators and trump for trump.” He is it.
When Trump is not very angry with South Korea, Varatan sends a letter to Japan and sends a letter. “
The markets seem to compress tariff threats at this time. HSBC’s Neymann Told Trump Letters An important amount of tariff negotiations for three weeks.
“Financial markets are receiving the latest news in their steps, reports that dangerous tariffs can be stored through negotiations,” he said.
