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Macroeconomics

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

July 08, 2025, 05.47 AM | Source: Reuters
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

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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