President Donald Trump on Monday set a 25% tax on goods imported from Japan and South Korea, as well as new tariff rates on a dozen other countries.

Circle Squared Alternative Investments founder Jeff Sica discusses whether President Donald Trump's new tariffs will cause a market meltdown on 'Varney & Co.'

With elections coming in Japan, the threat of U.S. tariffs is forcing its prime minister to start talking tougher, and is getting people to rethink long-held assumptions about relations with the U.S.

President Donald Trump on Monday informed Japan and South Korea that 25% tariffs will be imposed starting Aug. 1 on goods sent to the United States.

President Donald Trump sent out letters to nations that haven't entered into trade agreements with the U.S., informing them of their new tariff rates.

While South Korean imports to the U.S. face 25% tariffs, the same as Trump promised in April, the rate on Japan has been raised by 1 percentage point to 25%.

By Jeff Mason, Bart H. Meijer and David Brunnstrom WASHINGTON/BRUSSELS (Reuters) -U.S. President Donald Trump on Monday began telling trade partners - from powerhouse suppliers like Japan and South Korea to minor players - that sharply higher U.

Japan expressed hope on Tuesday that U.S. President Donald Trump's announcement on a Ukraine arms deal and potential secondary tariffs on Russia would lead to a just and lasting peace between the two countries.