JUST IN: President Trump Announces Tariffs On New Country After Deal Falls Through

By Chris Powell

President Donald Trump announced late Monday that the United States will sharply increase tariffs on South Korean imports after what he described as Seoul’s failure to follow through on a previously negotiated trade agreement.

In a statement posted to Truth Social, Trump said the South Korean legislature has not approved a deal he reached with President Lee last year, prompting him to raise tariffs across multiple sectors.

“Our Trade Deals are very important to America,” Trump wrote. “In each of these Deals, we have acted swiftly to reduce our TARIFFS in line with the Transaction agreed to. We, of course, expect our Trading Partners to do the same.”

Trump said the agreement was finalized on July 30, 2025, and reaffirmed during his visit to South Korea on October 29 of last year, but has yet to be enacted by the Korean legislature.

“South Korea’s Legislature is not living up to its Deal with the United States,” Trump wrote. “Why hasn’t the Korean Legislature approved it?”

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