Trump raised U.S. tariffs on imports from South Korea to 25%
President of the United States Donald Trump announced plans to increase tariffs on goods imported from South Korea to 25%. This decision was made following his accusations against Seoul of failing to comply with the terms of the trade agreement signed last year, reports the BBC. In his social media message, Trump announced the increase in tariffs on a number of goods, including cars, timber, pharmaceuticals, and other products subject to reciprocal tariffs, from 15%.