Donald Trump announced an increase in tariffs on South Korean goods from 15% to 25% due to delays in legislative approval of a trade framework. The tariffs will affect various sectors, including autos and pharmaceuticals. South Korea's government is committed to the investment deal and is sending officials to the US for discussions. Despite a pledge from South Korea to invest $350bn in the US economy, relations have been tense, highlighted by past immigration raids. Trump continues to use tariffs as a negotiation tactic, with ongoing trade negotiations with Canada, Mexico, and the EU.