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Trending News:Cabin Crew Can Always Tell When You’re Flying Business Class For The 1st Time: Here’s HowViral ‘speed running’ challenge hits Church of Scientology New YorkThe Best Reformation, Sézane and Dôen Dresses for Summer 2026Iran lawmaker says Strait of Hormuz will not return to pre‑war state | US-Israel war on IranMonday, May 4, 2026 | Prime Minister of CanadaSchumer says House, White House must ban prediction market betsGermany ‘not giving up’ on relationship with Trump, U.S.: MerzToday’s NYT Connections Hints, Answers for May 4 #1058We may not have seen anything of Final Fantasy 7 Remake Part 3 yet, but co-director Hamaguchi has already completed “over 40 full playthroughs”2026 Cadillac Championship prize money, purse, payouts for Cameron Young, fieldToronto Maple Leafs put Sundin, Chayka in charge of front office: MLSE – TorontoBest Meryl Streep Movies of All Time RankedPress gala shooting suspect moved off suicide watch in jail, records showE.E.O.C. Investigating Discrimination Claim at The New York TimesToday’s NYT Wordle Hints, Answer and Help for May 4 #1780Three passengers dead after suspected hantavirus outbreak on cruise ship | Cape VerdeMideast Peace Efforts in Focus as Trading Resumes: Markets WrapMaple Leafs hire Mats Sundin, former Coyotes GM John Chayka to lead front office7 Aircraft That Were Retired Earlier Than ExpectedMerz ‘not giving up on working with Trump’ despite Iran war spat | Germany‘Marshals’ Release Schedule: When Episode 10 Hits Paramount PlusPilot makes emotional announcement on his final Spirit flightLive results and scores from Louisiana’s LHSAA Non-Select Division I softball championship: Live Oak vs. HahnvilleThe Devil Wears Prada 2 follows up The Super Mario Galaxy Movie’s sequel successJessica McCormack is the Cool Girl Jewelry Brand to KnowTrump’s strategy of accommodation with China is a historic mistakeTreasury market on watch for shift in Yellen-era debt playbookEric M. Roher was legal pioneer, beloved temple leader‘The Devil Wears Prada 2’ Opens Big at the Box Office‘This is fine’ creator says AI startup stole his artThe Last Days of Butter RidgePatient at Winnipeg hospital charged for assaulting health-care workers – WinnipegThousands make little boy’s birthday unforgettable5 Fighter Jets Still In Active USAF Service In 2026 That Are Older Than Many Of The Pilots Flying ThemRubio expected to meet with Pope Leo amid standoff with Trump on IranSpring fiscal update, estimates and Ukraine on the agenda this weekSpirit nearly done processing customer refunds after shutdownMaritimes brace for rain, wind — maybe snow — as storm moves into regionWhat iPhone Users Actually Want From the New Google-Powered SiriPSL 2026 results: Aaron Hardie stars as Peshawar Zalmi win second titleLego Batman: Legacy Of The Dark Knight PC Requirements Demand Lots Of RAMCalifornia, Arizona and Nevada propose water-saving plan for Colorado River | Colorado river crisisMilly Alcock’s ‘punk rock’ Supergirl takes flight as DC bets big on the Woman of TomorrowPolice ask for help in Texas shooting that killed 2 teens, wounded 10This $25,000 Robot Looks Right Out of Star WarsKendall Jenner Wore Capri Pants With This Non-Heeled Shoe TrendLithuania Says It Broke Up Russian Sabotage and Murder PlotsVictim, suspect identified in fatal North York shootingNBA playoffs 2026: Two more Game 7s! What will decide each showdownA Look At The Salaries Of Widebody Cargo Pilots In 2026Rubio to meet with Pope Leo during Rome trip after Trump’s criticism of the pontiffKimi Antonelli wins Formula 1 Miami Grand Prix, extending his championship leadSony Will Soon Settle A PlayStation Store Class Action Lawsuit For $7.8 MillionMagic Artist Dan Frazier Admits to Painting Over The One Ring Art for Hobbit SetIsraeli forces kill Palestinian man in raid on Nablus in occupied West Ban | Occupied West BankMark Carney calls alleged privacy breach in Alberta deeply concerningBond Traders Look to Treasury Refunding, Fed Speakers and Jobs2 children in hospital with serious injuries after collision in BurnabyA retiring Spirit pilot’s last flight was canceled by the budget carrier’s sudden closure. See his impromptu celebration.Netflix’s ‘This Is a Gardening Show’ Is the Ideal Comfort ShowCounty Championship: Glamorgan take 15 wickets to close on win over HampshireSask. spring flooding washes out roads, leaving people across the province trapped or displacedHow a weaker dollar is quietly making life more expensiveNew Balance Made in USA 990v4 ‘Blue Crab’ PackSpain demands release of Gaza flotilla activists ‘held illegally’ by Israel | IsraelBizarre moment at Berkshire’s annual meeting spotlights cyber riskWhy the RBA is predicted to deliver a third straight interest rate hike this week | Interest rates‘Euphoria’ Season 3 Release Schedule: When Does Episode 4 Come Out?ICYMI: Indiana Jones And The Great Circle Estimated Switch 2 File Size RevealedBritish Airways Will Pay Pilots $100,000 A Year To Taxi At Chicago O’HareAbortion pill maker asks to restore mail accessIPL 2026, MI vs LSG 47th Match Match PreviewOntario universities led by women reach milestoneTrump Faces the Complicated Reality of a Costly, Unpopular War in IranPremier League Soccer: Stream Aston Villa vs. Tottenham From Anywhere LiveBritish local elections set to be crucial moment for StarmerFive things to watch for in the Canadian business world in the coming weekTrump pours cold water on latest Iranian peace proposalDriver crashes through Portland clubAfter a year of messy legal shenanigans, Subnautica 2 has an early access release dateSandy Beach, Alta. residents remain on evacuation standby as wildfire burns homesMiami Grand Prix: How to Watch the F1 Race Today2026 Wurth 400 odds, predictions, time: NASCAR at Texas picks from proven modelThe People’s Carrier: Movement To Restart Spirit Airlines Reaches $22 Million In Pledges5 Summer Outfit Formulas 2026: The Chic Looks Fashion People Are Wearing This SeasonThe Future of Apple – The New York TimesTrump casts doubts on Iran peace proposal as details emergeGreen candidate seen canvassing in London after arrest over alleged antisemitism | UK newsSen. Reed on Trump’s Iran strategy: ‘I don’t believe the president has a plan’United Airlines passenger allegedly assaulted flight attendant, tried to get into cockpitIn Harvard study, AI offered more accurate diagnoses than emergency room doctorsHistorically few number of midterm seats will decide U.S. houseInvestigators say Trump assassination suspect shot officer at press gala | Donald Trump NewsPrime Minister Carney meets with President of the European Parliament Roberta MetsolaThe creator of Infinite Craft has a new game where you explore a secret-filled social hub as your mouse cursorKaren Guregian: Why Patriots legends believe Mike Vrabel will survive Dianna Russini scandal‘No Margin for Error’ Sparks Rush for Hedges in Emerging BondsMaritimes set for wet start to workweek with heavy rain, possible snow forecastGameStop Is Reportedly Preparing An Offer To Buy eBaySenator says Trump’s actions violates war powers law
(Bloomberg) — The Trump administration is demanding that South Korea take concrete steps to implement its six-month-old trade deal with the US in order to prevent tariffs from rising to 25%, according to US officials.
President Donald Trump’s latest tariff threat marked the culmination of broader tensions in the trade relationship between Washington and Seoul, which have also been exacerbated by frustration over Korean digital-services regulations.
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Vice President JD Vance met with South Korean Prime Minister Kim Min-seok last week in Washington and warned him against penalizing US tech firms including Coupang Inc., according to a person familiar with the discussion. The US-based e-commerce company is an Amazon-like retailer that is widely popular in South Korea and under scrutiny for a data breach last year. The Wall Street Journal reported earlier on the meeting.
While the exchange revealed the breadth of the US’s grievances against South Korea, officials said that efforts to shield US internet companies from digital regulations aren’t directly connected to the president’s latest vow to hike duties.
South Korea’s trade ministry also said US officials have separately raised concerns with Seoul over digital regulations, including the treatment of US companies, but stressed that those issues are not directly linked to Trump’s stated rationale for raising tariffs.
The ministry said the communication from the US side focused on urging non-discriminatory treatment in the digital sector, and that Seoul has repeatedly explained that its laws and enforcement actions do not target American firms. It added that the government is closely monitoring US trade developments and discussing a response.
The main factor driving the president’s announcement was a sense that South Korea is dragging its feet on ratifying their trade agreement, people familiar with the matter said. While the US set tariffs on South Korean goods at 15% under the pact announced last July, Seoul has made little progress fulfilling its end of the bargain.
US Trade Representative Jamieson Greer said he spoke with South Korean officials on Tuesday morning and that a trade team would travel to Washington later in the week for more discussions.
“They haven’t been able to get a bill through to do the investment, they’ve introduced new laws on digital services, they haven’t done what they needed to do on agriculture and industry. And so it’s hard to continue to hold up our end of the bargain while they have not moved forward swiftly enough on their end,” Greer said Tuesday in a Fox Business interview.
The episode illustrates how Trump continues to sow trade uncertainty as his term stretches into its second year. He has recently threatened new levies against products from Europe, Canada and nations doing business with Iran — measures that if implemented could undercut deals he brokered last year. The Supreme Court’s upcoming ruling in a case over his global tariffs could also come in the next month.
On Tuesday, Trump suggested the US and South Korea could swiftly resolve the dispute, telling reporters: “We’ll work something out. We’ll work something out with South Korea.”
Photographer: SeongJoon Cho/Bloomberg
Trump on Monday declared his intent to hike US levies on goods from South Korea to 25% from the 15% current rate. While the president’s announcement on social media implied the new rate was already in place, the administration has not yet moved to implement it.
South Korea is the latest nation to be singled out by Trump administration officials over moving too slowly to fulfill trade promises. Greer has criticized what he’s cast as slow progress by the European Union. Indonesia also has drawn fire for the pace of its pledged trade commitments. US officials, however, have contrasted South Korea’s speed with that of Japan, which is seen as moving more expeditiously to deliver on its pact, a White House official said.
A domestic bill was introduced in South Korea last November to codify its investment commitments under the trade deal, but progress on passing it has been slow over uncertainty regarding capital outflows, currency volatility and the process of selecting projects.
US officials have also harbored longstanding concerns about South Korea’s rules discriminating against leading American digital platforms and related service providers, but those aren’t pertinent to Trump’s tariff announcement, a White House official said.
Trump and his aides have railed against digital-services taxes and regulations in the EU and Canada. Scrutiny of South Korea has intensified in recent days, as US investors raise complaints — and seek a federal trade investigation — over Seoul’s probe of a high-profile data breach at Coupang.
In a meeting with US lawmakers last week, South Korea’s Kim insisted his government wasn’t discriminating against Coupang.
The firm disclosed a data breach in November that affected roughly two-thirds of South Korea’s population. In the aftermath, a major shareholder, Greenoaks Capital Partners LLC, filed a petition asking the Office of the US Trade Representative to open a trade probe into South Korea. Separately, South Korea’s Justice Ministry has said US-based shareholders of Coupang, including Greenoaks and Altimeter Capital Management LP, have submitted a notice of intent under the Korea–US free trade agreement.
Concerns about the treatment of US digital-service providers persist regardless of the ongoing Coupang case, the White House official added.
Many of Trump’s second-term tariff threats ultimately have been scaled back or reversed. Data compiled by Bloomberg show that about 27% of such threats since late 2024 were fully executed.
Yet if the US implements Trump’s announced 25% tariffs on South Korea, it could have wide-ranging consequences on major companies that export to the US, including Hyundai Motor Co., which sent 1.1 million vehicles to America in 2024.
–With assistance from Kate Sullivan, Heesu Lee and Brian Fowler.
(Updates with South Korea’s trade ministry comment.)
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