The US president has accused South Korea of stalling a “historic” trade agreement
President Donald Trump announced a sudden increase in tariffs on key South Korean imports, including automobiles, lumber and pharmaceuticals, raising duties from 15% to 25%.
The decision, communicated via his Truth Social platform on Monday, directly accuses the South Korean legislature of failing to ratify a “historic” trade and investment agreement that was finalized with President Lee Jae Myung in October 2025.
Trump stated that while the US had swiftly reduced its tariffs as part of the deal, Seoul had not lived up to its commitment, necessitating the punitive…
Read the full article at RT.COM
