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Trump Says 15 Per Cent Tariff on South Korea Agreed In ‘Full' Trade Deal

Trump Says 15 Per Cent Tariff on South Korea Agreed In ‘Full' Trade Deal

Barnama2 days ago
WASHINGTON, July 31 (Bernama-Yonhap) – United States (US) President Donald Trump on Wednesday said his administration has agreed to impose a 15 per cent tariff on South Korea, 10 percentage points lower than initially proposed, under a trade deal that exempts US goods from tariffs.
According to Yonhap news agency, Trump announced the agreement in a social media post shortly after meeting a South Korean trade delegation.
Seoul had been pushing for a deal before Friday, when "reciprocal" tariffs were due to take effect unless an agreement was reached.
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