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Trump Threatens Tariff Hike Amid South Korea Trade Delays

2/5/2026

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Story summary
  • U.S. President Donald Trump threatened to raise tariffs on South Korean goods from 15% to 25% due to delays in a trade deal tied to a $350 billion investment.
  • South Korea's Foreign Minister Cho Hyun met with U.S. Secretary of State Marco Rubio amid tariff tensions.
  • South Korea's National Assembly plans to finalize an investment bill by March 9 with safeguards against future tariff hikes.