Donald Trump announces 15% tariff on South Korean goods
US president says trade deal would lower 25% levy on cars and include $350bn investment
US president says trade deal would lower 25% levy on cars and include $350bn investment

Agreement will reduce auto tariffs on Seoul to 15% in return for $350bn of investment in US

US president has threatened to raise levies to 25% if EU does not implement last year’s trade deal

Levies on cars and trucks exported to US will be imposed ‘next week’ unless companies manufacture at American plants

Tariff relief for cars, steel and aluminium yet to be agreed

US president’s latest ‘reciprocal’ levies hit many countries that had struck deals with Washington

US President Donald Trump announces levies on dozens of countries and formalises some trade deals