Japan

US President Donald Trump’s tariff letters, which threaten with steep duty in several countries, including key allies, led to “shock” and “regret”, even if the nations expressed optimism that negotiations will give favorable results.

Japanese Prime Minister Shiger Isiber said the latest tariff announcement was “I really regret” According to local media, emphasizing that it will continue negotiations with the US government.

Japan is one of the two countries to see an increase in the “mutual” tariff rate, which Trump announced in April. According to the White House, Japanese imports in the US will face a 25% collection, starting on August 1, higher than 24%, previously announced.

At a meeting with the Ministers of the Cabinet of Ministers on the Japanese strategy on ISIB tariffs, the Trump administration suggested the plan to continue negotiations until August.

“Depending on Japan’s reaction, the content of the letter can be revised,” Iseib said at the meeting on Tuesday morning, a few hours after Trump posted a copy of his tariff letters on the social media platform.

Meanwhile, South Korean leaders have promised to speed up the tariff talks with the Trump administration to “quickly resolve trading uncertainty” Reports Yonhap NewsReferring to the statement of the Ministry of Commerce, Industry and Energy.

Trump announced a 20% tariff for a blanket for imports from the country, without changing its “mutual” tariff level announced in April.

EEO Han-ku reportedly reportedly South Korean Trade The lower tariffs On cars, steel and other goods for Korean companies at a meeting with US Minister of Commerce, Howard Lutnik in Washington.

According to Reuters, Thai Finance Minister Writing Chonghavuzhir said he was “slightly shocked” at the last tariff rate, but remained “confident” that he would decrease to the level similar to what in other countries, Reuters reports.

In Thailand, 36% of the US exports are threatened with one of the coolest rates among the 14 countries mentioned on Monday – invariable from April.

In Malaysia, which has been observed that the tariff rate has grown to 25% of the previously threatened 24%, said it would continue to deal with the United States to address great issues.

“Malaysia seeks to continue interaction with the US to a balanced, mutually beneficial and comprehensive trade agreement,” the Ministry of Investment, Trade and Industry said.

Outside Asia, South Africa President Cyril Ramaphos disagreed with a 30% tariff rate A statement posted on x. The gathering was “not accurately notice about the available trade data,” Ramaphos said, adding that 77% of US goods entered the country with zero tariff.

South Africa will continue its diplomatic efforts to “more balanced and mutually beneficial trade relations with the United States,” he said.

Deborah Elms, Head of the Trade Policy Department at the Hinich Analytical Center, stated that the negotiating efforts of the Trump’s countries seemed little to affect the result.

“ASEAN members who worked hard to develop packages have received virtually all the same treatment as countries that have either not departed to the DC or have not been invited to meet,” Elms said, adding that Trump could still focus on the Asian countries with “concerns about regional supplies.”

Trump shared screenshots of letters, which detail about new tariff rates for more than a dozen countries in a series of social media posts on Monday, which allowed for further negotiations before he extended on August 1st. The letters have shown that the US may consider adjusting the new tariff level.