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Containers at Busan Port—Wikimedia Commons (CC BY-SA 4.0)

Oct 01, 2025 PM EDT - Jason

Tariff Deal or Standoff? Where U.S.-Korea Talks Stand After New White House Moves

After a summer of sweeping U.S. tariff actions, Seoul and Washington say they have a framework to cap most duties on Korean goods at 15%-but the fine print and timing are still in flux. The White House used both IEEPA reciprocal tariffs and Section 232 measures this year, while signaling partner-specific relief. A Congressional Research Service brief confirms that Washington lowered Korea's IEEPA "country rate" to 15% (effective Aug. 7)

EU flags in front of the Berlaymont (European Commission HQ), Brussels — Photo: Hlynz / Wikimedia Commons (CC BY-SA 3.0)

Sep 26, 2025 AM EDT - Jason

U.S. Lowers EU Auto Tariffs to 15%—Korean Carmakers Warn of a 25% Disadvantage

The United States has formally reduced tariffs on automobiles and auto parts imported from the European Union to 15%, a move retroactive to August 1 that locks in terms of the July U.S.-EU trade framework. The change, published in the Federal Register and implemented by the Commerce Department and the Office of the U.S. Trade Representative, gives immediate cost relief to European brands and clarifies rules

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