U.S. President Donald Trump plans to raise tariffs on South Korean goods from 15% to 25% after parliament failed to ratify the 2025 trade deal reached with President Lee Jae-myung. The products affected include automobiles, timber, medicines, and more. On January 27, South Korea’s presidential office said its trade envoy will visit Washington to meet the U.S. Trade Representative to address the trade agreement’s stalled implementation amid the escalating trade tension.