President Trump has reignited trade tensions, warning Japan and South Korea of potential 25% tariffs if they fail to reach trade agreements with the United States. The announcement signals a possible escalation of trade disputes with key allies. Trump's administration has also reportedly notified other countries of impending higher levies, raising concerns about a broader trade war and its potential impact on the global economy. The move has sparked debate among economists and policymakers regarding its long-term consequences for international trade relations and economic stability.