Saturday, April 5, 2025

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

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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%.

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