Trump says hiking tariffs on South Korean goods to 25%
The Peninsula
Seoul: South Korea s government on Tuesday held emergency talks after US President Donald Trump said he would raise tariffs on South Korean goods, inc...
Seoul: South Korea's government on Tuesday held emergency talks after US President Donald Trump said he would raise tariffs on South Korean goods, including cars, lumber and pharmaceuticals.
Trump said Monday that he would tariff raises on the goods, accusing South Korea of not living up to an earlier trade pact struck with Washington.
South Korea's presidential office said it had not been officially informed about the tariff hike plans in advance.
The increase would bring tariff levels from 15 percent to 25 percent.
“South Korea's Legislature is not living up to its Deal with the United States,” Trump wrote on his Truth Social platform.
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Seoul: South Korea s government on Tuesday held emergency talks after US President Donald Trump said he would raise tariffs on South Korean goods, inc...