President Donald Trump ratcheted up the pressure on Japan and South Korea Monday, sending letters saying the U.S. will impose 25 percent tariffs starting Aug. 1.
But he did leave a little wiggle room in case they want to return to the negotiating table.
The president made the announcement in a pair of Truth Social posts that included images of the letters to Japanese Prime Minister Shigeru Ishiba and South Korean President Lee Jae-myung.
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CNBC reported the two letters could be the first of up to 15 that he could send between Monday and Wednesday.
Trump opened his letter to Japan by noting the strength of the two countries’ trading relationship.
He continued, writing, that the U.S. “has agreed to continue to work with Japan,
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