Speech Brief
Donald J. Trump announces tariff increase on South Korea
Key points
- Raises South Korean tariffs to 25% (from 15%)
- Says South Korea's legislature has not enacted the historic trade agreement
TL;DR
- Increases South Korean tariffs from 15% to 25% on autos, lumber, pharma, and other reciprocal tariffs.
- Says South Korea's legislature has not enacted the July 30, 2025 trade agreement reaffirmed on October 29, 2025 during his visit.
- Says the United States reduced its tariffs under the deals and expects trading partners to reciprocate.
Original text
Our Trade Deals are very important to America. 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. South Korea's Legislature is not living up to its Deal with the United States. President Lee and I reached a Great Deal for both Countries on July 30, 2025, and we reaffirmed these terms while I was in Kore...
Key tags
Topics
Keywords
- South Korea
- Tariffs
- Autos
- + 5 more
Stats
Word count: 141
Summary words: 72
Compression: 51%
Boilerplate removed: No
Top phrases:
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