{"id":40941,"date":"2026-01-27T08:40:39","date_gmt":"2026-01-27T02:55:39","guid":{"rendered":"https:\/\/nepalsamaj.com\/en\/?p=40941"},"modified":"2026-01-27T08:40:39","modified_gmt":"2026-01-27T02:55:39","slug":"trump-raises-us-tariffs-on-south-korea-imports-to-25","status":"publish","type":"post","link":"https:\/\/nepalsamaj.com\/en\/trump-raises-us-tariffs-on-south-korea-imports-to-25\/","title":{"rendered":"Trump raises US tariffs on South Korea imports to 25%"},"content":{"rendered":"
<\/div>

BBC:<\/strong> US President Donald Trump has announced he is raising tariffs on South Korean imports to 25% after accusing Seoul of “not living up” to a trade deal reached last year.<\/p>\n

In a post on social media, Trump said he would increase levies on South Korea from 15% across a range of products including automobiles, lumber, pharmaceuticals and “all other Reciprocal TARIFFS”.<\/p>\n

Trump said South Korean lawmakers have been slow to approve the deal while “we have acted swiftly to reduce our TARIFFS in line with the Transaction agreed to”.<\/p>\n

South Korea says it had not been given official notice of the decision to raise tariffs on some of its goods, and wanted urgent talks with Washington over the issue.<\/p>\n

It added that South Korea’s Industry Minister Kim Jung-kwan, who is currently in Canada, will visit Washington as soon as possible to meet US Commerce Secretary Howard Lutnick.<\/p>\n

Seoul and Washington reached a deal last October, which included a pledge from South Korea to invest $350bn (\u00a3256bn) in the US, some of which would go to shipbuilding.<\/p>\n

The following month, the two countries agreed that the US would reduce tariffs on some products once South Korea started the process to approve the deal.<\/p>\n

The agreement was submitted to South Korea’s National Assembly on 26 November and is currently being reviewed. It is likely to be passed in February, according to local media.<\/p>\n

Tariffs are paid by companies who import products. In this case, US firms will pay a 25% tax on goods they buy from South Korea.<\/p>\n

Trump has frequently used tariffs as leverage to enact foreign policy during his second term in the White House.<\/p>\n

On Saturday, he threatened Canada with a 100% tariff if it struck a trade deal with China.<\/p>\n

On Monday, Chinese officials said its “strategic partnership” agreement with Canada is not meant to undercut other countries.<\/p>\n

Canadian Prime Minister Mark Carney has said his country was not pursuing a free trade deal with China and has “never” considered it.<\/p>\n

He added that Canadian officials have made their position clear to their American counterparts.<\/p>\n

Before that, Trump said he would impose import taxes on eight countries – including the UK – who opposed US plans to seize Greenland, an autonomous territory in the Kingdom of Denmark which is a member of Nato.<\/p>\n

He later backed down from the tariff threat over Greenland citing progress towards a “future deal” over the island, but the episode strained US relations with Denmark and other Nato allies.<\/p>\n","protected":false},"excerpt":{"rendered":"

BBC: US President Donald Trump has announced he is raising tariffs on South Korean imports to 25% after accusing Seoul of “not living up” to a trade deal reached last year. In a post on social media, Trump said he would increase levies on South Korea from 15% across a range of products including automobiles, […]<\/p>\n","protected":false},"author":1,"featured_media":40942,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15],"tags":[],"class_list":["post-40941","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-world"],"_links":{"self":[{"href":"https:\/\/nepalsamaj.com\/en\/wp-json\/wp\/v2\/posts\/40941"}],"collection":[{"href":"https:\/\/nepalsamaj.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nepalsamaj.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nepalsamaj.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/nepalsamaj.com\/en\/wp-json\/wp\/v2\/comments?post=40941"}],"version-history":[{"count":2,"href":"https:\/\/nepalsamaj.com\/en\/wp-json\/wp\/v2\/posts\/40941\/revisions"}],"predecessor-version":[{"id":40944,"href":"https:\/\/nepalsamaj.com\/en\/wp-json\/wp\/v2\/posts\/40941\/revisions\/40944"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nepalsamaj.com\/en\/wp-json\/wp\/v2\/media\/40942"}],"wp:attachment":[{"href":"https:\/\/nepalsamaj.com\/en\/wp-json\/wp\/v2\/media?parent=40941"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nepalsamaj.com\/en\/wp-json\/wp\/v2\/categories?post=40941"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nepalsamaj.com\/en\/wp-json\/wp\/v2\/tags?post=40941"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}