Trump Hikes US Tariffs on South Korean Imports to 25%
US President Donald Trump has announced a sharp increase in tariffs on imports from South Korea, raising duties to 25% after accusing Seoul of failing to fully implement a trade agreement reached last year.
In a social media post, Trump said tariffs would rise from 15% on a wide range of South Korean products, including automobiles, lumber, pharmaceuticals and other goods covered under what he described as “reciprocal tariffs.” He claimed South Korean lawmakers had been slow to approve the agreement, while the United States had acted quickly to reduce its own tariffs in line with the deal.
