Trump imposes 25% tariffs on Japan and South Korea, with higher rates for others, sparking global tensions and uncertainty ...

Korea's average tariff on its most-favored nations (MFNs) stands at around 13.4 percent — compared to the U.S.' 3.3 percent ...

Separate from cars, tariffs on trucks exported from South Korea and Japan to the U.S, as well as elsewhere, are 25%. A tariff is a tax on imports, or foreign goods, brought into the United States.

SEOUL — In South Korea, the Trump administration’s 25% tariff on imported cars has sent local automakers Hyundai and Kia scrambling to protect one of the country’s most valuable exports.

In an interview with CNN, Mr. Han said South Korea would not band together with China to push back against Mr. Trump’s tariffs.

South Korea finds more illegal exports with false country-of-origin markings China has used South Korea as a bypass to avoid U.S. tariffs South Korea, U.S. officials to step up investigation efforts ...

Trump sent letters to trading partners, including key US allies Japan and South Korea, announcing that duties he had ...

South Korea, which faces 25% U.S. reciprocal tariffs, is among the first countries with which the Trump administration has initiated trade talks. The administration held its first face-to-face ...

South Korea, one of the first countries to engage with U.S. officials on trade talks, agreed in April to craft a package by early July scrapping levies before the 90-day pause on Trump's tariffs ...

Business South Korea's top think tank lowers economic growth projection, citing Trump's tariffs Steel products are seen at a port in Pyeongtaek, South Korea, Monday, Feb. 10, 2025. Credit: AP ...