(Reuters) - President Donald Trump said on Monday he was increasing tariffs on South Korean imports into the U.S. related to autos, lumber and pharmaceuticals to 25%, while criticizing the ally's legislature for failing to enact a trade deal with Washington. "South Korea's Legislature is not living up to its Deal with the United States,"...
South Korea's exports hit a record high of $709.4 billion in 2025, up 3.8% from 2024, while U. The two countries said last year that as part of the $350 billion South Korean investment into U. South Korea's finance ministry said on Tuesday it would actively consult with parliament on the U.
Summarised from Ada Derana Biz
People- Howard Lutnick2
- Kim Jung-kwan2
- Donald Trump2
- Trump2
- Mark Carney
- Kim
Organisations- Reciprocal TARIFFS2
- National Assembly2
- Trump2
- U.S. Trade Representative
- Autos, Lumber, Pharma
- EXPORTS TO U.S. FALL
- Korean Legislature
- Democratic Party
Places- United States2
- South Korea2
- Washington2
- Canada2
- China2
- Seoul2
- Kingdom of Denmark
- United Kingdom
Keywords- imports2
- raising2
- accusing
- delays
- living
- deal
Names and places drawn from every article in this story. The number shows how many of them mentioned it.
Share this story
Send the whole picture, not one version of it.
2 newsrooms have reported this story
Full coverage