News

Trump, South Korea

Opinion
South Korea cut a deal with Trump. It didn't matter.
In 2018, South Korea handed President Donald Trump the first trade victory of his administration. Under the agreement, new South Korean steel export restrictions were put in place and more U.S. automakers could export their cars to South Korea.
Trump says 25% tariffs coming for Japan and South Korea as trade war escalates again
President Donald Trump sent out letters to nations that haven't entered into trade agreements with the U.S., informing them of their new tariff rates.
Opinion
Why Trump’s Trade War on South Korea May Backfire
Trump must be careful about pressuring Seoul, or his administration could push Lee Jae-myung to move South Korea closer to China.
EU, South Korea seek US trade deals to ease tariff pain
The European Union and South Korea said on Monday they were working on trade deals with U.S. President Donald Trump that would soften the blow from looming tariffs as Washington threatens to impose hefty duties from August 1.
South Korea passes extra budget before tariff deadline
South Korea’s parliament and Cabinet approved a $23.3-billion extra budget as new President Lee Jae Myung seeks to revive an economy struggling with weak consumption and mounting trade risks from U.S.
Trump puts 25% tariff on Japan and South Korea, others (updated)
President Donald Trump issued separate letters to the president of South Korea and Japan's prime minister on Monday, saying the U.S. will start charging a 25% tariff on Aug. 1.
Trump sets 25% tariffs on Japan and South Korea, and new import taxes on 12 other nations
President Donald Trump on Monday set a 25% tax on goods imported from Japan and South Korea, as well as new tariff rates on a dozen other countries
Japan, South Korea face 25% tariffs as Trump ramps up trade war in letters to 14 nations
In letters so far to 14 countries, including smaller exporters to the United States such as Serbia, Thailand and Tunisia, Trump hinted at opportunities for additional negotiations, even while warning that reprisals would draw a like-for-like response.
Trump’s Tariffs on South Korea, Japan Align With ‘Liberation Day’ Rates
President Trump's newly announced 25% tariffs on goods from South Korea and Japan closely reflect tariffs for each nation that Trump had announced on April 2, before implementing a 90-day pause that was set to expire Wednesday.
South Korea's President Lee says U.S. tariff negotiations 'not very easy'
South Korean President Lee Jae Myung said Thursday that the country is working hard to strike a trade deal with the United States on impending tariffs but expressed uncertainty about when talks would be concluded.
Trump announces 25% tariffs on Japan, South Korea
The U.S. will impose tariffs of 25% on Japan and South Korea beginning on Aug. 1, President Donald Trump announced on Monday in posts on Truth Social.
Wall Street Journal10y
South Korea Plans Tariff of Over 500% on Rice Imports - WSJ
South Korea plans to impose a tariff of up to 513% on rice imports to help protect its farmers. A farmer stands near a rice field in Gimje, south of Seoul, in this file photo.
Trump sets 19% tariff on Indonesia goods in latest deal, EU readies retaliation
Trump announced the pact with Indonesia, a relatively minor U.S. trading partner, as he continued to press for what he views ...