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    Home»Trending News»Potential 25% tariff on South Korean, Japanese goods threatens Asian businesses in the US
    Trending News

    Potential 25% tariff on South Korean, Japanese goods threatens Asian businesses in the US

    The Daily FuseBy The Daily FuseJuly 8, 2025No Comments1 Min Read
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    Potential 25% tariff on South Korean, Japanese goods threatens Asian businesses in the US
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    “All of these nations are going through increased tariffs below present proposals. And people merchandise will certainly be priced a lot increased within the close to future attributable to these tariffs. I do not see another means round it,” he added.

    At Jagalchi, efforts are already underway to mitigate potential price will increase, together with growing in-house merchandise. 

    Nonetheless, a lot stays unsure.

    “Clearly sooner or later there’s numerous uncertainty that will come up. However we’ll discover these options as they arrive,” stated Lapuz.

    Customers, too, are additionally bracing for the affect, stated Russell Jeung, professor of Asian American research at San Francisco State College.

    “The neighborhood has been stocking up (on) Asian items … shopping for rice and soy sauce and issues like that,” he stated. 



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