Trump raises tariffs on South Korea to 25%: ‘Not living up to its deal with the US’

President Trump announced Monday that he’s hiking tariffs against South Korea because the Korean Legislature has failed to enact a trade agreement reached with the US nearly six months ago. 

“South Korea’s Legislature is not living up to its Deal with the United States,” Trump wrote on Truth Social.  

“President Lee and I reached a Great Deal for both Countries on July 30, 2025, and we reaffirmed these terms while I was in Korea on October 29, 2025,” the president continued. “Why hasn’t the Korean Legislature approved it?

“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%.” 

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