President Donald Trump on Monday announced that the United States would be increasing tariff duties on South Korea from the previous rate of 15 percent to a new rate of 25 percent.
Trump in a post on Truth Social alleged that the South Korean legislature “is not living up to its Deal with the United States” through its failure to enact the agreement.
“Because the Korean Legislature hasn’t enacted our Historic Trade Agreement … I am hereby increasing South Korean TARIFFS on Autos, Lumber, Pharma, and all other Reciprocal TARIFFS, from 15 percent to 25 percent,” Trump wrote.
The deal referenced by Trump was reached in October 2025 after Trump met with South Korean President Lee Jae Myung in Gyeongju, South Korea….
Trump Says Tariffs on South Korea Will Be Raised to 25 Percent
