Trump Says Tariffs on South Korea Will Be Raised to 25 Percent

The president said that the increase from 15 percent to 25 percent is a response to South Korea’s failure to ratify a trade agreement.

President Donald Trump and Secretary of State Marco Rubio in Busan, South Korea, on Oct. 30, 2025. ANDREW CABALLERO-REYNOLDS / AFP

President Donald Trump on Monday announced that the United States would be increasing tariff duties on South Korea from the previous rate of 15 percent to a new rate of 25 percent.

Trump in a post on Truth Social alleged that the South Korean legislature “is not living up to its Deal with the United States” through its failure to enact the agreement.