Trump's Tariff War Heavyweight: 14 Countries Receive U.S. Tariff Letters, Trade Tensions Escalate
U.S. President Trump's trade policy has once again become a global focus. He announced plans to impose higher tariffs of 25%-40% on major trading partners and signed an executive order delaying the implementation of the new tariffs until August 1. This move, particularly the issuance of tariff letters to 14 countries including Japan, South Korea, and Thailand, marks a further escalation of trade tensions. Although Trump hinted at the possibility of additional negotiations and possible delays, these "ultimatum" letters undoubtedly place tremendous pressure on global trading partners.