The trade agreement between the United States and South Korea modifies the application of Section 232 sectoral tariffs on autos, auto parts, lumber, pharmaceuticals, timber, and wood derivatives, capping the rate at 15 percent to match the new baseline tariff.

Authors

• Person: Inu Manak, Allison J. Smith Organization: Council on Foreign Relations
  Tracking Trump's Trade Deals | Council on Foreign Relations

Sources

• Tracking Trump's Trade Deals | Council on Foreign Relations www.cfr.org Inu Manak, Allison J. Smith · Council on Foreign Relations via serper

Referenced by nodes (3)

• South Korea location
• pharmaceuticals concept
• U.S. location