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Trump rattles South Korea months after trade deal
Financial Express Ahmedabad
|January 28, 2026
e Vows to raise tariffs to 25% on Korean goods
SOUTH KOREANS GOT afresh reminder of President Trump’s unpredictability when they woke up on Tuesday morning to see that he was increasing tariffs on South Korean exports, like cars, back to 25%.
Only recently it seemed that South Korea had resolved its worst trade dispute with the United States, its only treaty ally. After months of talks, Trump in October agreed to lower tariffs on South Korean products to 15% after winning a pledge that Seoul would invest $350 billion in the US.
This story is from the January 28, 2026 edition of Financial Express Ahmedabad.
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