South Korean imports
South Korea’s parliament passed a law authorizing Seoul’s planned $350 billion pledge toward U.S. investment, an agreement made in November 2025, in an effort to avoid the Trump administration’s sweeping tariffs. According to a CNBC report, South Korean media outlet Yonhap reported that a new fully government-financed and state-run investment corporation will specialize in implementing […]
U.S. President Donald Trump announced that he’s raising tariffs on imports of South Korean goods due to the country’s legislature’s failure to approve a trade deal with the U.S. that both countries agreed to in October 2025. “Because the Korean Legislature hasn’t enacted our Historic Trade Agreement, which is their prerogative, I am hereby increasing […]
