Stocks Sell Off, Dollar Gains as Trump Plans 25% Tariffs on Japan, South Korea

July 08, 2025, 05.47 AM

Last updated July 08, 2025, 05.48 AM

Stocks Sell Off, Dollar Gains as Trump Plans 25% Tariffs on Japan, South Korea

ILUSTRASI. Major stock indexes declined while the dollar strengthened on Monday as U.S. President Donald Trump unveiled sharply higher U.S. tariffs on goods from Japan, South Korea and other countries in the latest development in the U.S. trade war. REUTERS/Jeenah Moon

Source: Reuters | Editor: Yudho Winarto

GLOBAL MARKET - NEW YORK. Major stock indexes declined while the dollar strengthened on Monday as U.S. President Donald Trump unveiled sharply higher U.S. tariffs on goods from Japan, South Korea and other countries in the latest development in the U.S. trade war.

Longer-dated U.S. Treasury yields rose.

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