GenZ News

Article View

Trump strikes tariff deal with S. Korea as deadline nears

134d ago
World
Deutsche Welle
World news
The United States and South Korea have reached a new trade agreement, according to President Trump. The deal includes a 15% tariff on South Korean exports to the US. In a separate move, the US also imposed a 50% tariff on goods from Brazil. The details of the agreement with South Korea are still being finalized, but Trump hailed it as a significant achievement. The move comes as the US continues to reshape its trade relationships with various countries, often using tariffs as leverage in negotiations. The impact of these tariffs on consumers and businesses remains to be seen.
Source