May 25, 2026

South Korea-US trade deal

Trump hikes tariffs on South Korea to 25%; cites legislative delay in enacting ‘historic’ trade deal – The Times of India

Trump hikes tariffs on South Korea to 25%; cites legislative delay in enacting ‘historic’ trade deal – The Times of India

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US president Donald Trump announced on Monday that he is raising tariffs on South Korean imports of autos, lumber and pharmaceuticals to 25 per cent, accusing the ally’s legislature of failing to uphold its trade agreement with the United States.Trump added that South Korea’s legislature has not approved the trade deal he and President Lee…

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South Korea-US trade deal: Seoul says can’t ‘pay 0 bn in cash’; seeks alternative solution – The Times of India

South Korea-US trade deal: Seoul says can’t ‘pay $350 bn in cash’; seeks alternative solution – The Times of India

admin03 mins

South Korea has rejected US President Donald Trump’s claim that it will be handing over $350 billion in cash as part of a deal to cut American tariffs and is rather, looking for an alternative solution.Though Trump had earlier told reporters that the money would arrive “upfront,” Seoul’s presidential adviser on Saturday said that the…

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