Trump raises tariffs on South Korea by 10% over failure to enact trade deal

Published January 26, 2026 8:48pm ET



President Donald Trump announced he would raise tariffs on South Korea by 10% over its failure to enact a previously agreed-upon trade deal.

In a post on Truth Social, Trump accused South Korea’s legislature of “not living up to its Deal with the United States,” referring to the trade deal signed on July 30 and reaffirmed on Oct. 29.

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