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

• US President Donald Trump announced a tariff hike on South Korean imports from 15% to 25%.
• The increase is due to Seoul's legislature failing to ratify a trade agreement reached last year.
• South Korea is a top 10 US trading partner, with nearly $150 billion in annual imports including autos, electronics, pharmaceuticals, and lumber.
• The previous trade deal, sealed in October, included South Korea's pledge to invest $350 billion in the US and lowered tariffs to 15%.
• Trump frequently uses tariffs as a diplomatic tool, with his aggressive trade strategy currently under review by the US Supreme Court.

Why It Matters: Trump increased tariffs on South Korean goods to 25% due to a stalled trade agreement ratification.