Trump Resurrects 25% Tariffs on South Korea as Deal Delays Loom
TL;DR Summary
President Trump announced a return to 25% tariffs on South Korean exports, arguing Seoul is slow to implement a U.S. investment pledge. Seoul says the agreement was an memorandum of understanding, not a treaty, and delays hinge on domestic bills, creating uncertainty for businesses and investment plans tied to the deal.
- Trump Vows Higher Tariffs for South Korea Months After Trade Deal The New York Times
- Trump says he’s raising tariffs on South Korea because it’s ‘not living up’ to trade agreement CNN
- Trump Threat on South Korea Jolts Trade Partners Who Thought They Had Deals The Wall Street Journal
- South Korea scrambles to pass U.S. investment bill after Trump threatens higher tariffs CNBC
- Trump raises US tariffs on South Korea imports to 25% BBC
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