January 26, 2026 at 11:48 p.m. Supply: dpa
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Remaining 12 months, Donald Trump agreed with South Korean President Lee Jae-myung to cut back price lists. (Report symbol) © Mark Schiefelbein/AP/dpa
US President Donald Trump has higher US price lists on vehicles and drugs from South Korea from 15 to twenty-five p.c. On his on-line platform Fact Social, Trump said the explanation why the industry settlement reached ultimate 12 months has now not but been ratified via the South Korean parliament.
Information
US Tariff Coverage: US Cuts Price lists on Italian Pasta Customs Coverage: Canada Needs to Minimize Price lists on Chinese language Electrical Vehicles Z+ (Subscription Content material); Price lists in opposition to the EU: That is how Donald Trump’s further price lists would hit Germany onerous
Trump to start with threatened 25 p.c price lists on South Korean items. Then a fee of 15 p.c was once set in July and October 2025. South Korea additionally introduced within the fall that it will make investments $350 million in america over a number of years. Many vehicles are shipped to the United States from South Korea beneath the Kia and Hyundai manufacturers, in addition to semiconductors and electronics.
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