AssetID: 55416180
Headline: UNCAPTIONED: Trump Hikes South Korea Tariffs to 25%, Citing Trade Deal Delays
Caption: Trump Hikes South Korea Tariffs to 25%, Citing Trade Deal Delays. US President Donald Trump has announced a sharp increase in tariffs on South Korean imports, raising them to twenty-five percent after accusing Seoul of failing to fully implement a trade agreement reached last year. In a social media post, Trump said the higher tariffs will apply to a wide range of goods, including automobiles, lumber, pharmaceuticals, and other products covered by reciprocal trade measures. He argued that the United States moved quickly to lower its own tariffs, while South Korea's lawmakers have been slow to approve the deal. Seoul responded by saying it had not received formal notice of the tariff hike and called for urgent talks with Washington. South Korea's industry minister is expected to travel to the US soon to discuss the issue with American officials. The announcement briefly rattled South Korean markets before major export stocks recovered. Analysts say the move underscores Trump's continued use of tariffs as a political and economic pressure tool, even as it risks straining ties with key US allies. Instructions: THIS VIDEO MUST NOT BE EDITED FOR LENGTH TO COMBINE WITH OTHER CONTENT
Keywords: Current affairs & Politics,Donald Trump,South Korea tariffs,25% tariffs,US–South Korea trade deal,trade agreement delays,South Korean imports,automobiles tariffs,pharmaceuticals tariffs,reciprocal trade measures,Seoul response,South Korean markets,US allies tensions
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