Politics - CBSNews.com
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President Trump on Monday said he is raising tariffs on South Korea because the nation has not yet approved a trade deal with the U.S. that the two countries agreed to in October.
Mr. Trump said in a social media post that the U.S. will increase its tariff on imports from South Korea from 15% to 25% and also hike levies on the country's automobiles, lumber and pharmaceutical goods.
"South Korea's Legislature is not living up to its Deal with the United States. President Lee and I reached a Great Deal for both Countries on July 30, 2025, and we...
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