US EditionTrump says he is raising tariffs on certain South Korean imports
Trump raised U.S. tariffs from 15% to 25% on South Korean autos, lumber, and pharmaceuticals citing stalled legislative approval of a $350 billion trade and investment deal.
- On Monday, President Donald Trump said he would raise U.S. tariffs on South Korean autos, lumber and pharmaceuticals from 15% to 25%, accusing the legislature of failing to approve the deal.
- After last year's deal, Seoul needed legislative approval, which the U.S. says remains incomplete, despite the framework being affirmed on October 29, 2025.
- The auto industry, which accounts for 27% of South Korea's exports to the U.S., faces higher costs as nearly $350 billion of goods are imported annually, showing sector exposure.
- South Korea's presidential office said it was not officially informed and Kim Yong-beom will convene a meeting, while the tariff move faces a legal test at the U.S. Supreme Court soon.
- The move continues a pattern of tariff threats by the administration, with the $350 billion pledge facing delays as Seoul warned earlier this month.
188 Articles
188 Articles
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.
President Donald Trump stated that the United States will raise tariffs on imported automobiles and goods from South Korea from 15% to 25%, citing the South Korean parliament's delay in approving the trade agreement made last year as the reason.
US President Donald Trump announced on Monday that the US is raising tariffs on South Korean goods, including cars and medicines, from 15% to 25%.
The South Korean parliament has not yet ratified an agreed trade pact with the US. President Trump therefore raises tariffs on some imports of South Korea – to the surprise of Seoul.
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