U.S. plans tariff hike on certain South Korean imports
2026-01-27 09:50:08 source:CGTN
January 27, 2026
U.S. President Donald Trump said Monday he will raise tariffs on certain South Korean goods from 15 percent to 25 percent, accusing South Korea's legislature of not having enacted a bilateral trade agreement with the United States.
"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%," he said on social media.
South Korea's presidential office said Tuesday that it has received no official notification from Washington after Trump's announcement.
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