Trump Threatens to Raise Tariffs on South Korean Goods Amid Trade Deal Dispute

Kathmandu. US President Donald Trump has stated that he will raise the customs duty on certain Korean goods from 15 percent to 25 percent, accusing the South Korean legislature of failing to implement the bilateral trade agreement with the United States.

On social media on Monday, he stated that due to the Korean legislature not implementing the historic trade agreement with the US, all mutual tariffs on South Korean vehicles, wood, medicine, and others would be increased from 15 percent to 25 percent.

According to the agreement reached between Trump, South Korean President Lee Jae-myung, and the US in October 2025, the US was supposed to impose a flat 15 percent customs duty on imports from South Korea. This was 10 percentage points lower than the level Trump had previously threatened. In return, South Korea had agreed to invest 350 billion US dollars in America.