Trump Escalates Trade War With South Korea, Slapping 25% Tariffs On Key Exports Amid Legislative Standoff
US President Donald Trump has announced a significant escalation in trade tensions with South Korea, raising tariffs on key imports from 15% to 25%. The move targets automobiles, pharmaceuticals, lumber, and other reciprocal goods, announced via Truth Social on Monday local time.Trump cited South Korea’s failure to enact a "Historic Trade Agreement" as the primary reason. "Because the Korean
US President Donald Trump has announced a significant escalation in trade tensions with South Korea, raising tariffs on key imports from 15% to 25%. The move targets automobiles, pharmaceuticals, lumber, and other reciprocal goods, announced via Truth Social on Monday local time.Trump cited South Korea’s failure to enact a "Historic Trade Agreement" as the primary reason. "Because the Korean
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