Economy

    Trump threatens to hike tariffs on South Korea as national assembly has yet to approve last year’s trade deal

    Trump threatens to hike tariffs on South Korea as national assembly has yet to approve last year’s trade deal

    South Korean Industry Minister Kim Jung-Kwan, who is currently visiting Canada, will soon travel to the U.S. for talks with Secretary of Commerce Howard Lutnick.

    By Josh Boak, Hyung-Jin Kim and The Associated Press
    January 27, 2026

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