
Trump Imposes Broad New Tariffs on Japan, South Korea, Five Other Nations; India Signals BRICS Overhaul for 2026
On Monday, July 7, 2025, significant shifts in global trade policy and emerging international alliances were announced, signaling potential turbulence and transformation on the world stage. Former U.S. President Donald Trump declared his intention to impose substantial new tariffs on key Asian trading partners Japan and South Korea, alongside new import taxes on five other…