Trump announces tariff hike on South Korean goods

27 January, 2026, 01:00 pm

Last modified: 27 January, 2026, 01:06 pm

Trump announces tariff hike on South Korean goods

27 January, 2026, 01:00 pm

Last modified: 27 January, 2026, 01:06 pm

US President Donald Trump has announced that he will increase tariffs on South Korean goods to 25 percent. He said that the new rate has been set by increasing the current 15 percent tariff. Trump alleged that South Korea has not fulfilled the terms of the trade agreement with the United States. That is why this decision has been taken.

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