Trump says hiking tariffs on South Korean goods to 25%
The Hindu
Trump announces a tariff hike on South Korean goods to 25%, citing unmet trade agreement obligations by South Korea's legislature.
U.S. President Donald Trump said on Monday (January 26, 2026) that he would raise tariffs on South Korean goods, including autos, lumber and pharmaceuticals, accusing the country of not living up to an earlier trade pact struck with Washington.
The increase would bring tariff levels from 15% to 25%.
"South Korea's Legislature is not living up to its Deal with the United States," Mr. Trump wrote on his Truth Social platform.
He added that he was increasing tariff rates "because the Korean Legislature hasn't enacted our Historic Trade Agreement, which is their prerogative."
South Korea's Presidential office said it had not been informed about the tariff hike plans in advance.
It said Trade Minister Kim Jung-kwan, currently in Canada, would head to Washington for talks on the issue with U.S. Commerce Secretary Howard Lutnick.
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