Trump Hikes Tariffs on South Korea to 25% Over Trade Deal Dispute

• US President Donald Trump increased tariffs on South Korean imports from 15% to 25%.
• The tariff hike applies to products including automobiles, lumber, and pharmaceuticals.
• Trump accused South Korea of not fulfilling its obligations under a $350 billion trade deal reached last October.
• South Korea's presidential office stated they were not informed of the tariff hike in advance and will send Trade Minister Kim Jung-kwan to Washington for talks.
• A US Supreme Court case challenging Trump's use of emergency powers for tariffs remains unresolved.

Why It Matters: Trump raised tariffs on South Korea to 25% citing non-compliance with a trade deal, sparking diplomatic tensions.