U.S. President Donald Trump speaks on the 2025 Asia-Pacific Financial Cooperation (APEC) CEO Summit in Gyeongju, South Korea, October 29, 2025.
Tyrone Siu | Reuters
President Donald Trump stated Monday that he was growing tariffs on autos, prescription drugs and lumber from South Korea from 15% to 25% due to a delay in that nation’s legislature approving a commerce cope with the USA.
“South Korea’s Legislature is just not dwelling as much as its Take care of the USA,” Trump stated in a Fact Social submit.
“President Lee and I reached a Nice Deal for each International locations on July 30, 2025, and we reaffirmed these phrases whereas I used to be in Korea on October 29, 2025. Why hasn’t the Korean Legislature authorised it?,” Trump requested.
South Korean-based automaker Hyundai Motor is the most important importer of latest autos from that nation into the USA.
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