Trump threatens to hike tariffs on South Korean goods to 25% over inaction on trade deal
WASHINGTON (AP) — 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.
Trump said on social media Monday that import taxes would be raised on autos, lumber and pharmaceutical drugs from South Korea with the rate on other goods going from 15% to 25%.
This is a breaking news story. More information will be added as it comes in.
More Stories
Money Magic: Aligning Your Finances with the Power of Numerology
The traditional practice known as Numerology to interpret numeric symbols is witnessing a modern revival. The combination of TikTok trending...
How Patient Experience Is Shaping Modern Dental Practice Management
Dental practices are placing increased emphasis on patient experience as a key driver of business performance. With evolving consumer expectations...
Trends Shaping Dental Practice Management in the Digital Economy
Dental practices are experiencing significant change as operational digitisation and rising consumer expectations redefine business management in the sector. Practices...
The Job Benefits Most Men Don’t Know to Negotiate
Most men approach a job offer with a single number in mind: the base salary. This focus on the gross...
Five Things a Good Small Business Accountant in London Saves You (That Most Owners Never Count)
Running a business in London is expensive enough. Most owners watch their overheads carefully — yet they consistently undervalue the...
Why UK SMEs Are Prioritising Streetworks Certification in 2026
Britain’s utilities and construction contractors are running up against the same quiet problem. The jobs are there, the tenders are...