U.S. President Donald Trump delivered his first congressional address of his second term on Wednesday, highlighting his administration’s commitment to reciprocal trade and higher tariffs on countries he claims exploit the U.S. economy. During his speech, Trump singled out South Korea, alleging that its average tariff rate is four times higher than that of the U.S., despite Washington providing extensive military support. Trump also reaffirmed that his administration will implement “reciprocal tariffs” starting April 2, meaning the U.S. will impose duties equal to those levied by foreign trading partners on American goods.

The speech also touched on U.S.