Trump raises tariffs on South Korean imports to 25%

Trump raised tariffs on South Korean imports from 15% to 25% after Seoul failed to ratify a trade deal, targeting autos, lumber, and pharmaceuticals, escalating trade tensions.

Donald Trump has announced a sharp increase in tariffs on South Korean imports, raising rates from 15% to 25%. This decision follows the South Korean legislature's failure to ratify a trade agreement negotiated in July 2025 and reaffirmed in October. The new tariffs target key sectors, including automobiles, lumber, and pharmaceuticals. Trump described the move as a response to what he called unacceptable delays in trade negotiations and legislative inaction by South Korea. Announced via social media and at a campaign rally, the tariff hike has raised concerns about its impact on the $170 billion trade relationship between the U.S. and South Korea. Analysts warn of significant effects on major exporters like Hyundai, and the move is seen as part of a broader strategy to increase trade pressure on U.S. allies.