Trump Raises Tariffs on Imports from South Korea to 25%

Former U.S. President Donald Trump has announced an increase in tariffs to 25% on certain imports from South Korea. This decision affects automobiles, lumber, and pharmaceutical products.

Trump accuses Seoul of failing to implement the trade agreement between the two countries. South Korea's top exports to the U.S. include cars, auto parts, semiconductors, and electronic products.

According to the U.S. Department of Commerce, South Korea is a major supplier of goods to the U.S., with imports valued at $132 billion in 2024.