January 27, 2026

Trump plans to raise tariffs on South Korean goods from 15% to 25%, citing impatience with deal's OK

President Trump says he will increase tariffs on South Korean products from 15% to 25% because he is tired of waiting for the Asian country's legislature to approve its bilateral trade deal with the U.S.

Trump plans to raise tariffs on South Korean goods from 15% to 25%, citing impatience with deal's OK

TL;DR

  • President Trump plans to increase tariffs on South Korean products from 15% to 25%.
  • The reason for the increase is frustration with the delay in legislative approval of the bilateral trade deal.
  • The tariffs are aimed at South Korean products.
  • The U.S. and South Korea have a bilateral trade deal.
  • The Asian country's legislature has not yet approved the trade deal.

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