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Tracking Trump's Trade Deals | Council on Foreign Relations cfr.org 3 facts
claimSouth Korea received exemptions from reciprocal tariffs on select products unavailable in the United States, specifically natural resources, pharmaceutical products, and certain aircraft and parts.
quoteOn January 26, 2026, President Donald Trump accused South Korea’s legislature of “not living up to its Deal with the United States,” and raised tariffs on imports of autos, lumber, pharmaceuticals, and all other reciprocal tariffs to 25 percent.
measurementOn July 31, 2025, the White House modified South Korea’s reciprocal tariff rate to 15 percent.