President Trump on Monday accused South Korea of not fully complying with previous trade agreements with Washington and said he would increase tariffs on those goods.TAG_OPEN_div_39 According to his announcement, the tax rate will be increased from 15 percent to 25 percent.
US President Donald Trump calls for emergency meeting in Seoul over tariffs on automobiles, timber and other imports from South Korea
However, South Korea’s presidential office said it had not received any official notification from the US side about the tariffs.TAG_OPEN_div_37 Writing on his social media platform Truth Social, Trump claimed that South Korea’s legislature is not working according to its agreement with the United States. According to him, he decided to increase the tax rate because the Korean parliament “did not implement our historic trade agreement”.








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