Former US president Donald Trump has said that the United States will raise tariffs on South Korean goods to 25%, signaling a tougher stance on trade if he returns to office.
Trump made the remarks while discussing his broader trade policy, emphasizing what he described as unfair trade practices.
Tougher Trade Approach
Trump said higher tariffs would protect American industries and reduce trade deficits. He argued that South Korea benefits disproportionately from its trade relationship with the US.
Moreover, he claimed that tougher tariffs would encourage foreign companies to shift manufacturing back to the United States.
Impact on US–South Korea Relations
South Korea is a key US ally and one of its major trading partners. Any tariff hike could affect industries such as automobiles, electronics, and steel.
As a result, analysts warn that the move could strain diplomatic and economic ties between the two countries.
Market and Global Reaction
Economists caution that increased tariffs may raise costs for US consumers and disrupt global supply chains. At the same time, businesses dependent on Korean imports could face higher expenses.
Meanwhile, global markets are closely watching Trump’s trade signals amid growing concerns over protectionism.
What Comes Next
Trump has repeatedly used tariffs as a central tool in his economic strategy. However, it remains unclear when or how such measures would be implemented if he returns to power.
Ultimately, the statement adds uncertainty to international trade as countries prepare for possible shifts in US policy.
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