Stocks tumble after Trump pronounces 25% tariffs on Japan and South Korea

President Donald Trump cranked up the stress on two of America’s key buying and selling companions, Japan and South Korea, firing off letters Monday to the heads of their nations that knowledgeable them of their new tariff fee. Both nations will face a 25% tariff come August 1, Trump stated in posts on Truth Social displaying the letters, probably giving nations extra time to barter offers. CNN’s Matt Egan report. #CNN #News