South Korea Gets Retroactive 15% Tariff Rates After Major US Investment Pledge

TaiwanPlus News 2025-12-02

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US Commerce Secretary Howard Lutnick affirmed in an X post that reciprocal tariffs on Seoul would be lowered from 25% to 15%. The change, retroactive to Nov. 1, comes as South Korea's legislature passed laws to invest US$350 billion in the US.
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