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Trump Mutual Tariff Takes Effect
  • Yonhap News
  • August 7, 2025 at 9:52 PM
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6월 경상수지 142.7억달러…역대최대 흑자


Mutual Tariffs Imposed by Trump Take Effect (Pyeongtaek=Yonhap News) Reporter Hong Ki-won = Containers are stacked behind imported cars at Pyeongtaek Port in Gyeonggi Province on the 7th, as the 15% mutual tariff imposed by U.S. President Donald Trump on Korea officially goes into effect. For automobiles, one of Korea's two major export items, it was decided through negotiations between Korea and the U.S. to lower the tariff on a per-item basis from the current 25% to 15%. However, the reduction of automobile tariffs requires President Trump to issue a separate executive order, so the current 25% tariff will continue to be imposed for the time being. The current 50% tariff on steel and aluminum items will also remain separate from the mutual tariffs. 2025.8.7 [THE MOMENT OF YONHAPNEWS] xanadu@yna.co.kr(End) (Copyright (c) Yonhap News, Unauthorized reproduction, redistribution, AI learning and use prohibited)  



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