US president says tariffs on automobiles, lumber and pharmaceuticals will rise to 25%, accusing Seoul of not living up to a trade deal struck last year

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…

The US president said he was frustrated that lawmakers in Seoul had yet to approve a trade deal between the two countries that was reached last year.