Former President Donald Trump is reportedly planning to impose a 25% tariff on goods imported from South Korea and Japan, effective August 1st. This action signals a potential shift in strategy, as Trump had previously delayed the implementation of broader tariffs initially slated for April 2nd. The deadline extension, which expires on July 9th, is now expected to be pushed back further. Trump communicated his intentions via letters to South Korean President Lee Jae-myung and Japanese Prime Minister Kishida, outlining the tariff plans. This move indicates a renewed focus on trade negotiations and potential economic pressure on these key Asian economies.