Trump says tariffs on South Korean autos, pharma, lumber to rise to 25% over trade deal enaction delay

Core Viewpoint - The U.S. is increasing tariffs on imported autos, pharmaceuticals, and lumber from South Korea from 15% to 25% due to delays in legislative approval of a trade deal [1][2][3] Group 1: Tariff Increases - Tariffs on South Korean imports, specifically autos, pharmaceuticals, and lumber, will rise from 15% to 25% [1][3] - The increase in tariffs is a response to the South Korean legislature's failure to approve a trade agreement reached in July 2025 [2][3] Group 2: Trade Agreement Context - The trade deal was initially agreed upon by U.S. President Donald Trump and South Korean President Lee Jae Myung on July 30, 2025 [2] - The terms of the trade agreement were reaffirmed during Trump's visit to South Korea on October 29, 2025 [2] Group 3: Impact on Companies - Hyundai Motor, a South Korean automaker, is identified as the largest importer of new vehicles from South Korea into the United States [3]