Trump: Raises Reciprocal Tariffs on South Korea from 15% to 25%

Odaily News U.S. President Trump stated on social media: "The South Korean National Assembly has not fulfilled the agreement reached with the United States. I and South Korean President Lee Jae-myung reached an agreement beneficial to both countries on July 30, 2025, and reaffirmed these terms during my visit to South Korea on October 29, 2025. Why has the South Korean National Assembly still not approved this agreement to this day? Since the South Korean National Assembly has not yet passed the historic trade agreement between us, and this is within their authority, I hereby announce that reciprocal tariffs on South Korean automobiles, timber, pharmaceuticals, and all other goods will be raised from 15% to 25%."