Trump hikes tariffs on South Korea to 25%, upping trade tensions
TL;DR Summary
President Trump announced a 25% tariff increase on South Korean imports (from 15%), accusing Seoul of not living up to a bilateral trade deal. South Korea says it has not received official notice and wants urgent talks, as the deal’s approval is still winding its way through Seoul’s National Assembly. The move prompted declines in some South Korean stocks and highlights ongoing friction over the trade agreement and broader US tariff policy.
- Trump raises US tariffs on South Korea imports to 25% BBC
- Trump says tariffs on South Korean autos, pharma, to rise to 25% over trade deal approval delay CNBC
- Trump says he is raising tariffs on South Korean imports after trade deal delays Reuters
- Trump increases South Korea tariffs, slamming legislature for not approving US deal The Hill
- Trump threatens to increase tariffs on South Korea Politico
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