Trump hikes tariffs on South Korean goods to 25%

1 min read
Source: Reuters
Trump hikes tariffs on South Korean goods to 25%
Photo: Reuters
TL;DR Summary

President Donald Trump said tariffs on South Korean imports—including autos, lumber and pharmaceuticals—will rise to 25% after accusing Seoul’s legislature of not enacting the trade deal; no effective date was announced, and the move comes amid currency concerns in Korea and ongoing questions about implementing the framework.

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