President Donald Trump plans to impose a 25 percent tariff on goods imported from South Korea and Japan. The levy will go into effect on August 1st, which is when the Trump administration will begin enforcing sweeping tariffs on a wider swath of countries that fail to reach a trade agreement with the US.

The U.S. dollar is notching its strongest one-day gain against the Japanese yen in nearly two months as traders react to President Donald Trump's sweeping new tariffs targeting multiple U.S. trading partners.

U.S. stock markets reacted negatively on Monday after President Trump announced via social media that he would unilaterally impose 25% trade tariffs on Japan and South Korea. The tariffs target two of America’s closest allies and key suppliers of autos, electronics, and steel.

U.S. District Judge William Young in Boston ordered a trial in the deportations case, saying it was the "best way to get at truth."

BOSTON (AP) — Plaintiffs in a lawsuit challenging the Trump administration campaign of arresting and deporting faculty and students who participated in pro-Palestinian demonstrations argued Monday it was an orchestrated effort that has stifled free speech at universities around the country.