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South Korea deal: President Trump announced a trade deal with South Korea that would lower its tariff from 25 percent to 15 percent, mirroring the deal he struck with Japan last week. He also said South Korea would invest $350 billion in the United States.

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South Korea deal: President Trump announced a trade deal with South Korea that would lower its tariff from 25 percent to 15 percent, mirroring the deal he struck with Japan last week. He also said South Korea would invest $350 billion in the United States.
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Jeff Jarvis (jeffjarvis@mastodon.social)'s status on Thursday, 31-Jul-2025 14:15:29 JST Jeff Jarvis

No, Goddamnit, #BrokenTimes, he just *raised* the 2023 tariff on your phone, car, and washing machine from South Korea from 2.5% to 15%. That is a 500% TAX INCREASE. #TrumpTax #Trumpflation

In conversation about 4 days ago from mastodon.social permalink