Friday, December 19, 2025

White House Clarifies: South Korea’s Reciprocal Tariff Set at 25%, Not 26%

Shutterstock

The United States has officially confirmed a 25% reciprocal tariff rate on South Korean imports.

On Friday, the South Korean government announced that it had received confirmation from U.S. authorities regarding the 25% rate.

U.S. President Donald Trump initially announced the rate during a press conference at the White House Rose Garden, which was also shown on a panel he presented.

However, confusion followed when an appendix to the White House executive order listed South Korea’s reciprocal tariff rate as 26%.

The discrepancy prompted South Korean officials to seek clarification through diplomatic and trade channels, as a one percentage point difference could significantly affect the value of exports to the U.S.

Sources revealed that the White House amended the appendix on Thursday afternoon, correcting the rate to 25% and notifying the South Korean embassy in Washington, D.C.

The White House website has since been updated, with the revised executive order appendix now reflecting the corrected 25% rate for South Korea, down from the previously listed 26%.

Hot this week

The South Korean Government Is Strengthening Anti-Money Laundering Efforts Following a Surge in Cross-Border Crimes in Cambodia and Other Countries

South Korea's FIU emphasizes stronger anti-money laundering measures to combat cross-border crimes targeting South Koreans, especially in Cambodia.

Former UN Secretary-General Ban Ki-moon Asserts that Climate Change is A Crisis Facing Humanity

Ban Ki-moon spoke on climate change at the Urban Infrastructure Forum, stressing city-level policy design for resilience and sustainability.

U.S. Hits Chinese Graphite With 93% Tariff—Your Next EV Just Got Pricier

The U.S. imposes a 93.5% tariff on Chinese graphite, risking a $1,000 increase in EV prices as tax credits end and production costs rise.

Crypto Boom: XRP Soars After Congress Passes Stablecoin Bill

The Stablecoin Act has passed Congress, boosting crypto markets, with XRP hitting a new all-time high and regulatory clarity for stablecoins.

Market Panic? Rich Investors Saw a Bargain, Morgan Stanley Says

Morgan Stanley's profits surged as wealthy clients bought stocks during a market downturn, driven by Trump's tariff announcement.

Topics

The South Korean Government Is Strengthening Anti-Money Laundering Efforts Following a Surge in Cross-Border Crimes in Cambodia and Other Countries

South Korea's FIU emphasizes stronger anti-money laundering measures to combat cross-border crimes targeting South Koreans, especially in Cambodia.

Former UN Secretary-General Ban Ki-moon Asserts that Climate Change is A Crisis Facing Humanity

Ban Ki-moon spoke on climate change at the Urban Infrastructure Forum, stressing city-level policy design for resilience and sustainability.

U.S. Hits Chinese Graphite With 93% Tariff—Your Next EV Just Got Pricier

The U.S. imposes a 93.5% tariff on Chinese graphite, risking a $1,000 increase in EV prices as tax credits end and production costs rise.

Crypto Boom: XRP Soars After Congress Passes Stablecoin Bill

The Stablecoin Act has passed Congress, boosting crypto markets, with XRP hitting a new all-time high and regulatory clarity for stablecoins.

Market Panic? Rich Investors Saw a Bargain, Morgan Stanley Says

Morgan Stanley's profits surged as wealthy clients bought stocks during a market downturn, driven by Trump's tariff announcement.

Oil Prices Keep Dropping as Trade Fears Grow

Oil prices fell for the third consecutive day due to rising U.S. gasoline inventories and trade tensions impacting global demand.

Tesla and BYD Battle for Japan’s Electric Car Crown: Who Will Win?

Tesla and BYD aggressively expand in Japan's EV market, aiming to challenge local automakers amidst low EV adoption rates.

Nvidia Stock Surges Past $170 After U.S. Clears China Chip Exports

Nvidia's stock surged over 4% after the Trump administration lifted export restrictions on H20 semiconductors to China.

Related Articles