Is Trump pressuring South Korea to lock in deal before US court can strike down tariffs?
AI Summary
President Trump announced the reinstatement of 25% tariffs on South Korea, accusing the country of not adhering to a bilateral trade agreement reached in July 2023. The move has prompted Seoul to seek urgent talks with Washington. Analysts suggest Trump's action aims to pressure South Korea to fulfill investment pledges within the agreement. The timing coincides with delays in South Korea's implementation of these pledges and legal uncertainty surrounding the future of Trump's global tariffs, potentially influencing his strategy. Trump reaffirmed the terms of the deal with South Korean President Lee Jae Myung in October 2023 during the APEC summit.
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