NEW YORK -- US President Donald Trump said Monday he will raise tariffs on certain South Korean goods from 15 percent to 25 percent, accusing South Korea's legislature of not having enacted a bilateral trade agreement with the United States.
"Because the Korean Legislature hasn't enacted our Historic Trade Agreement, which is their prerogative, I am hereby increasing South Korean TARIFFS on Autos, Lumber, Pharma, and all other Reciprocal TARIFFS, from 15% to 25%," he said on social media.
