Story perspectives
Trump's Tariff Hike Sparks Urgent Global Trade Negotiations
1/28/2026
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Trump Increases Tariffs
- U.S. President Donald Trump has raised tariffs on South Korea to 25% and threatened Canada with 100% tariffs over a trade deal with China.
- South Korea's Industry Minister plans urgent talks with U.S. officials to address these changes.
- India and the European Union finalized a trade deal, seen as a response to Trump's tariff policies.
- Canada and South Korea are navigating negotiations amid Trump's unpredictable tactics.
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