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Trump says South Korea 'not living up' to trade deal, hikes tariffs to 25% on key imports

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1 hour ago

President Donald Trump said Monday that he was increasing tariffs on South Korean imports of autos, lumber and pharmaceuticals to 25%, accusing Seoul of "not living up" to its trade deal. "Our trade deals are very important to America. In each of these deals, we have acted swiftly to reduce our TARIFFS in line with the transaction agreed to," Trump wrote in a Truth Social post."We, of course, expect our trading partners to do the same," he added, saying that South Korea's legislature had not approved the trade agreement. SOUTH KOREA TO INVEST $350B IN US UNDER NEW TRUMP TRADE AGREEMENT"Because...

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