EXPLAINER: Why Has President Trump Threatened to Raise US Tariffs on South Korea Again?
U.S. President Donald Trump said he was hiking tariffs on autos and other goods imported from South Korea to 25%, citing Seoul's failure to legislate a trade deal agreed last year that capped U.S. levies on the items at 15%.
It was not immediately clear what prompted Trump's outburst on social media platform Truth Social on Monday, but South Korea has faced delays implementing the deal and there has also been tension over perceived mistreatment of U.S. technology firms...
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