Trump Signals Flexibility on South Korea Tariffs

U.S. President Donald Trump said on Jan. 27 that the United States will negotiate a solution with South Korea following his announcement of higher tariffs on the ally’s exports the previous day.
“We’ll work something out with South Korea,” Trump told reporters as he departed the White House for a speech in Iowa. He offered no further details on potential concessions or timelines.
Trump said in a Jan. 26 post on Truth Social that he was restoring U.S. tariffs on South Korean automobiles and other products to 25 percent, up from the current 15 percent rate. The hike, he said, stemmed from South Korea’s legislature, the National Assembly, failing to uphold its end of a bilateral agreement struck last year…. 

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