Trump reduces South Korea’s tariff to 15% after a country announces an investment of $ 350 billion

Trump suspends restrictions on technology exports to China, US President Donald Trump said on Wednesday that it will impose a 15% rate on South Korea imported products. Despite the new rate, the Republican highlighted a trade agreement with Seoul that provides investments and billionaire purchases by the Asian country. 📱 Bake the G1 app to see real -time and free news “South Korea will give the United States $ 350 billion for investments,” Trump wrote on her social network. He also said that Seoul pledged to buy about $ 100 billion in liquefied natural gas or other US energy products. The 15% rate announced is now milder than the 25% that had previously been considered by the White House. Still, the South Korean government should bear significant costs to maintain access to the US market. Trump added that an “large amount of money” that has not been detailed – will also be invested by Seoul as part of the agreement. Since resumed US presidency in January this year, Trump has adopted an aggressive trade policy, with widespread 10% tariffs on imports from allied and rival countries. From August 1, these fees are expected to rise to dozens of economies, with even higher charges on strategic sectors such as steel, aluminum and cars. The measure is part of Republican’s strategy to stimulate US industry and reduce US commercial deficit. However, the new rates have generated seizure between business partners and experts, which fear a climb of global economic tensions. Trump during a meeting with NATO head at the White House on July 14, 2025 Andrew Caballero-Reynolds / AFP The Letters and Trump agreements is one of Trump’s announced agreements since he started sending letters to leaders from countries with which the US has business relations. Documents set rates between 20% and 50% on products imported from each country, scheduled for August 1, if an agreement is not signed with the US. To date, 25 notifications have been sent, Brazil being the country with the largest fare. See the full list of countries that received Trump’s letters: Brazil: 50%* Laos: 40% Myanmar: 40% Cambodia: 36% Thailand: 36% Bangladesh: 35% Canada: 35% Serbia: 35% Indonesia: 32% South Africa: 30% Algeria: 30% Bosnia and Herzegovine: 30% Libya: 30% Mexico: 30% Sri Lanka: 30% European Union: 30% Brunei: 25% Kazakhstan: 25% South Korea: 25% Japan: 25% Malaysia: 25% Moldova: 25% Tunisia: 25% Philippines: 20% The tariff imposed on Brazil was officially on Wednesday (30). Despite this, the US government has decided to leave almost 700 items without extra charge. (Check the list below) The exceptions are in the Annex of the Executive Order and are valid from the date of entry into force of the measure. In the case of aircraft, Embraer was the largest beneficiary. Americans account for 45% of commercial jet sales and 70% of the Brazilian manufacturer’s executive jets. The company’s shares fired 10% with the entry of the aeronautical sector between the exceptions. The new fare should significantly impact Brazilian exports. However, the list of exceptions may represent a relief for sectors such as the aeronautics, energy and agricultural. Infographic – List of exemptions to Trump Art/G1 fare products outside the Trump tariff represent 43% of the total value of exports to USA

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