Korea's Trump tariff is 26 percent, not 25 percent, White House document clarifies

Home > Business > Industry

Korea's Trump tariff is 26 percent, not 25 percent, White House document clarifies

Published: 03 Apr. 2025, 16:03

SARAH CHEA
[email protected]

Audio report: written by reporters, read by AI

Left, the chart U.S. President Donald Trump was holding during the tariff announcement says Korea is subject to 25 percent, and right, the annex of the executive orders released by the White House states that it is 26 percent. [SCREEN CAPTURE]

An annex to the "reciprocal tariff" executive order released by the White House listed Korea's rate at 26 percent, higher than the 25 percent U.S. President Donald Trump had announced in Washington earlier on Wednesday, which the Korean government and nationwide media outlets reported soon after.

A White House official confirmed to Yonhap News Agency that the new tariff's implementation would follow the release of the annex but did not explain why it contradicted the president's declaration.

Korea was not the only country subject to a rate different from that specified in Trump's speech, with the rates applied to other nations deviating by the same amount.

Trump said in his speech that India would be subject to a reciprocal tariff of 26 percent, but the annex listed the nation's rate at 27 percent. Switzerland was listed at 31 percent on Trump's chart and 32 percent on the annex while the Philippines was given a 17 percent rate in Trump's speech and 18 percent in the annex.

BY SARAH CHEA [[email protected]]