Trump threatens to raise tariffs on South Korea to 25%
President Trump said he would raise import levies for American buyers of South Korean cars, lumber, pharmaceuticals and other items, despite a deal reached in July.
Last updated: 2026-01-27 10:25:55 ET
President Trump said he would raise import levies for American buyers of South Korean cars, lumber, pharmaceuticals and other items, despite a deal reached in July.
President Donald Trump says he is increasing tariffs on South Korean goods because the country’s national assembly has yet to approve the trade framework announced last year
South Korean automaker and pharmaceutical stocks were falling after President Donald Trump late Monday threatened to raise tariffs on some Korean impo...
President Trump threatened to increase tariffs on South Korean exports, including cars, citing the country’s slow ratification of a trade deal.
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