Trump hikes South Korea tariffs to 25% amid stalled trade pact

1 min read
Source: CNBC
Trump hikes South Korea tariffs to 25% amid stalled trade pact
Photo: CNBC
TL;DR Summary

President Trump announced that tariffs on South Korean autos, pharmaceuticals and lumber would rise from 15% to 25% after Seoul’s legislature delayed approving the July 2025 U.S.–Korea trade deal, with officials noting there has been no official notification and the move heightens tensions over unilateral tariff policy.

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