"United States President Donald Trump has threatened to hike tariffs on South Korean exports over the East Asian country's failure to ratify a trade deal with Washington fast enough."
"In a post on Truth Social on Monday, Trump said he would raise the tariff rate from 15 percent to 25 percent due to the failure of the South Korean legislature to ratify the trade pact struck between Washington and Seoul earlier this year."
"South Korea's Legislature is not living up to its Deal with the United States, Trump said. Why hasn't the Korean Legislature approved it? he added."
United States President Donald Trump announced plans to increase tariffs on South Korean exports from 15 percent to 25 percent. The stated rationale is Seoul's legislature failing to ratify a trade pact negotiated earlier in the year with Washington. The announcement appeared on Truth Social and framed South Korea's Legislature as failing to live up to its deal with the United States. Trump posed a question asking why the Korean Legislature had not approved the pact. The tariff hike would target goods entering the US and represents a punitive measure tied to legislative delay in Seoul.
Read at www.aljazeera.com
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