President Donald Trump introduced on Monday he’s elevating tariffs on items from South Korea from 15% to 25%.
“Because the Korean Legislature hasn’t enacted our Historic Trade Agreement, which is their prerogative, I am hereby increasing South Korean TARIFFS on Autos, Lumber, Pharma, and all other Reciprocal TARIFFS, from 15% to 25%,” Trump wrote in a Truth Social publish. It’s unclear if the change has already taken impact.
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