A day later, Trump said the U.S. will impose 50% tariffs on copper, as well as 200% tariffs on pharmaceuticals.Trade deals could be coming. Japan’s top trade negotiator, for example, said July 8 that talks with the U.

United States President Donald Trump‘s reciprocal tariff rates began to trickle out on Monday, with the president notifying the leaders of Japan and Korea that they will face 25 per cent tariffs, while Myanmar and Laos will face 40 per cent levies.