President Trump has enacted 25% tariff’s on goods coming from Korea to the U.S. And beginning at 1pm on April 3, 2025, a 25% tariff began on Korean automobiles imported into the U.S.
According to the Korea Times, “No U.S. tariffs had been imposed on Korean cars since 2016 under a bilateral free trade agreement.” In all, Korea has the highest tariff rate among all free trade agreement countries with the U.S.
Imports – 수입 (su-ip)
Exports – 수출 (su-chul)
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