On Monday President Donald Trump said he is increasing tariffs on South Korean imports into the United States to 25%.
by ANISSA REYES | The National News DeskIN FLIGHT - JANUARY 22: U.S. President Donald Trump speaks to reporters on board Air Force One while flying in between Ireland and Washington as he returns from the World Economic Forum on January 22, 2026.
Following a meeting with NATO Secretary General Mark Rutte, Trump announced a deal with European leaders on the semi-autonomous Danish territory of Greenland during the annual meeting of political and business leaders in Davos. Trump accused the U.S. ally’s legislature of “not living up” to its trade deal with Washington. "South Korea's Legislature is not living up to its Deal with the United States," Trump wrote on Truth Social. “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%.” Last year South Korea had announced it was working to implement a deal that lowered U.S. tariffs against many of its exports to 15%. However, earlier this month, the South Korean finance minister said the country’s planned investment of $350 billion into U.S. sectors under the trade deals was not likely to take effect in the first half of 2026 due to weak currency. While Trump has leveraged tariffs throughout his second term in office in his foreign policy, economists have raised concerns about this approach as the policy faces a case in the U.S. Supreme Court. Last year, Washington and Seoul agreed to set tariffs on U.S. imports of Korean auto and auto parts at 15%, down from 25%, leveling them with their Japanese competitors. And as part of the $350 billion South Korean investment, Seoul would pay $200 billion in phased installments that would be capped at $20 billion a year to maintain the country’s currency stability.Florida AG demands nurse's license revoked after 'vile' TikTok, supporters say free speech Florida’s attorney general wants a nurse’s license revoked over a TikTok about Karoline Leavitt, while supporters argue the backlash is politically motivated.Washington Gov. Bob Ferguson and Attorney General Nick Brown have issued a strong condemnation of recent federal immigration enforcement actions.A man was shot by deputies after a violent altercation in Parkland Sunday morning.As confetti started to settle into the turf at Lumen Field, music still blared with Seahawks players enjoying their Super Bowl clinching moment with friends and
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
US, South Korea move toward nuclear-powered submarine cooperation as Seoul expands nuclear energyForeign Minister Cho Hyun says submarine cooperation will strengthen deterrence and the US alliance, while Seoul also unveils plans to build two new nuclear reactors by 2038 to meet clean energy demand.
Read more »
South Korea’s Coinone weighs stake sale amid Coinbase speculationThe most recent news about crypto industry at Cointelegraph. Latest news about bitcoin, ethereum, blockchain, mining, cryptocurrency prices and more
Read more »
Trump threatens to hike tariffs on South Korean goods to 25%President Donald Trump says he is increasing tariffs on South Korean goods because the country’s national assembly has yet to approve the trade framework affirmed in October.
Read more »
Donald Trump Unveils South Korea Tariffs Hike: See List of Products EffectedTrump says he is increasing tariffs on South Korean goods because the country’s national assembly has yet to approve the trade framework affirmed in October 2025.
Read more »
Trump threatens to hike tariffs on South Korean goods to 25% over inaction on trade dealWASHINGTON (AP) — President Donald Trump says he is increasing tariffs on South Korean goods because the country’s national assembly has yet to approve the
Read more »
Trump hikes tariffs on South Korean goods to 25% over stalled trade dealTrump says trade deals are important to the US, saying Washington acted swiftly to reduce the tariffs and expect partners to do the same.
Read more »