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Briefings Trump’s 25% tariff letter to South Korea sparks urgent trade uncertaintyTrump’s tariff decree adds to sectoral auto and steel pressure while raising confusion over transshipment U.S. President Donald Trump announced on Tuesday that his administration will impose a 25% tariff on all South Korean imports starting Aug. 1. The announcement was made via a public letter to President Lee Jae-myung, which Trump posted on social media while South Korean Trade Minister Yeo Han-kooand National Security Adviser Wi Sung-lac were in Washington, D.C. to negotiate a trade arrangement aimed at preventing precisely this outcome. Trump cited “long-term and very persistent trade deficits engendered by Korea’s tariff, non-tariff, policies and trade barriers.” The letter also warned that goods “transshipped” to evade a higher tariff will be © Korea Risk Group. All rights reserved. |





