South Korea will dispatch senior trade and industry officials to Washington after U.S. President Donald Trump announced a sharp increase in tariffs, the Ministry of Trade, Industry and Resources said Tuesday.

Trump announces a tariff hike on South Korean goods to 25%, citing unmet trade agreement obligations by South Korea's legislature.

South Korea will dispatch senior trade and industry officials to Washington after U.S. President Donald Trump announced a sharp increase in tariffs, the Ministry of Trade,…