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President Donald Trump on Tuesday (January 27) said he was increasing tariffs on South Korean goods because the country's national assembly has yet to approve the trade framework affirmed in October 2025.
Trump said on social media that import taxes would be raised on autos, lumber, and pharmaceutical drugs from South Korea with the rate on other goods going from 15% to 25%.
Trump said on social media that import taxes would be raised on autos, lumber, and pharmaceutical drugs from South Korea with the rate on other goods going from 15% to 25%.
