Trump says he is hiking tariffs on South Korean goods to 25%
- Posted on January 27, 2026
- By Business News Today
- 4 Views
Trump says he is hiking tariffs on South Korean goods to 25%
Tariff: Trump is threatening to increase tariffs on South Korean products, targeting autos, lumber and pharmaceuticals. He claims South Korea has not upheld a previous trade agreement. The proposed tariff hike would raise rates from 15 percent to 25 percent.