Do you really think this is going to end well?
President Trump on Monday said he was increasing tariffs on goods from South Korea, accusing the country of “not living up to its Deal” with the US. Tariffs on goods from South Korea will jump back to 25%, from 15%.
“Because the Korean Legislature hasn’t enacted our Historic Trade Agreement, which is their prerogative, I am hereby increasing South Korean TARIFFS on Autos, Lumber, Pharma, and all other Reciprocal TARIFFS, from 15% to 25%,” he wrote on Truth Social.