President Donald Trump said Monday that he was increasing tariffs on autos, pharmaceuticals and lumber from South Korea from 15% to 25% because of a delay in that country’s legislature approving a trade deal with the United States.

“South Korea’s Legislature is not living up to its Deal with the United States,” Trump said in a Truth Social post.

“President Lee and I reached a Great Deal for both Countries on July 30, 2025, and we reaffirmed these terms while I was in Korea on October 29, 2025. Why hasn’t the Korean Legislature approved it?,” Trump asked.

This is breaking news. Please refresh for updates.

Get this delivered to your inbox, and more info about our products and services.