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[WeTheMarket]

Trump says US will set 15% tariff on South Korean imports under new deal
By Trevor Hunnicutt and Ju-min Park
July 31, 2025
https://www.reuters.com/world/asia-pacific/trump-says-us-will-set-15-tariff-south-korean-imports-under-new-deal-2025-07-31/

Summary

- South Korea agrees to invest $350 billion in US projects
- Investment projects to include shipbuilding, chips, batteries
- South Korea to purchase $100 billion in US energy products
- Tariffs on South Korean autos also at 15% on par with Japan, EU