US EditionTrump says he is raising tariffs on certain South Korean imports
Trump raises tariffs from 15% to 25% citing South Korea's legislative delay in approving a 2025 trade deal involving $350 billion in U.S. investments.
- On Monday, President Donald Trump said he will raise U.S. tariffs on South Korean autos, lumber and pharmaceuticals to 25%, posting the move on Truth Social.
- Because Seoul's legislature has yet to ratify the deal, Trump said the tariff hike responds to South Korea's National Assembly not approving the bilateral trade framework affirmed in October 2025, which included a $350 billion investment pledge from South Korea.
- Trade data show South Korea shipped $132 billion in 2024, with the auto industry accounting for 27, while importers often pass tariffs to U.S. consumers.
- Officials noted that it remains unclear when the hike would take effect, South Korea's Blue House said it had not been officially informed, and Kim Jung-Kwan, South Korea's Trade Minister, will soon travel to Washington for talks with Howard Lutnick, U.S. Commerce Secretary.
- The move also raises legal stakes because the U.S. Supreme Court could rule in the coming weeks and analysts say it fits Trump's second-term trade strategy using tariffs as leverage.
231 Articles
231 Articles
US President Donald Trump has announced that he will raise tariffs on South Korean imports to 25%, after accusing Seoul of "not adhering" to a trade deal reached last year. In a social media post, Trump said he would raise tariffs on South Korea from 15% on a range of products, including automobiles, lumber, pharmaceuticals and "all other reciprocal tariffs," the Telegraph reports. Trump said South Korean lawmakers had been slow to approve the d…
Trump raises tariffs, South Korea's parliament hesitates. Mega deal in danger.
The US president accused Seoul of "not complying" with the trade agreement signed last year.
It's become known how much and for what kind of product.
der Standard AT
der Standard DEThe US President has accused his ally of breaching the treaty, and the country would not adhere to the agreed trade pact.
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