Trump Raises Tariffs on South Korean Goods to 25%

By Liz Moyer Gantry cranes and shipping containers in Busan, South Korea. (SeongJoon Cho/Bloomberg) Tariffs on imported autos, pharmaceuticals, and lumber from South Korea are rising to 25% because the country's legislature hasn't enacted the trade agreement with the U.S., President Donald Trump said Monday. This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple co ...