Donald Trump said he would raise tariffs on imports from South Korea to 25 per cent after accusing the Asian ally of dragging its feet on enacting a trade pact reached last year to make huge investments in U.S. business projects.
The U.S. President blamed South Korea’s National Assembly for not ratifying the trade deal he reached with President Lee Jae Myung in July which they later reaffirmed during Trump’s visit to Seoul in October.
