Trump raises South Korea tariffs over stalled trade deal

US President Donald Trump is increasing tariffs on South Korea to 25% from 15%, blaming that country’s National Assembly for not approving a July trade deal between the two countries, Trump said Jan. 26. “Because the Korean Legislature hasn’t enacted our Historic Trade Agreement, which is their prerogative, I am hereby increasing South Korean TARIFFS on Autos, Lumber, Pharma, and all otherUS President Donald Trump is increasing tariffs on South Korea to 25% from 15%, blaming that country’s National Assembly for not approving a July trade deal between the two countries, Trump said Jan. 26. “Because the Korean Legislature hasn’t enacted our Historic Trade Agreement, which is their prerogative, I am hereby increasing South Korean TARIFFS on Autos, Lumber, Pharma, and all otherRead More