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President Trump’s 25% tariff on Japanese and South Korean imports in 2025 aims to tackle a staggering $1.2 trillion trade deficit. But what does this mean for American consumers and the global economy? In this video, we break down how these tariffs could hike up the price of popular Japanese and South Korean cars by as much as $7,500 on a $30,000 vehicle. We also explore the looming threat of retaliation from Japan and South Korea, which could hit American farmers hard and push the world economy toward a 60% risk of recession by year’s end. Watch now to understand the real impact of these tariffs and share your thoughts in the comments! #TradeWar #Tariffs #GlobalEconomy #AutoIndustry
Follow our channel for more insightful information on International Trade.
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Genre: People & Blogs
License: Standard YouTube License
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RYD date created : 2025-10-06T09:57:22.6192876Z
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