
Trump says he’s raising tariffs on South Korea because the country ‘is not living up’ to trade agreement
CNN
President Donald Trump announced on Monday he is raising tariffs on goods from South Korea to 25% from 15%.
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Traffic through the strait, normally the conduit for a fifth of global oil output, has been severely curtailed since the start of the Iran conflict. But Iran itself is shipping oil through the waterway in almost the same volumes as before the war, earning the cash needed to sustain its economy and war effort.












