The below was taken in part from the NCBFAA:

On January 26th, President Trump announced in a Truth Social post that he will reset the tariffs on imports of automobiles, lumber, pharmaceuticals, and “other” reciprocal tariffs from South Korea to 25% from 15% due to the country not yet enacting a trade deal reached with the US on July 30th, 2025.

“Our trade deals are very important to America. In each of these deals, we have acted swiftly to reduce our tariffs in line with the transaction agreed to. We, of course, expect our trading partners to do the same,” the president said in his post.

“South Korea’s legislature is not living up to its deal with the United States. President Lee and I reached a great deal for both countries on July 30th, 2025, and we reaffirmed these terms while I was in Korea on October 29th, 2025. Why hasn’t the Korean legislature approved it?,” he added.

At this time, there is no further CBP guidance nor has an Executive Order been issued.

RIM logistics, ltd. will continue to closely monitor this evolving situation and provide updates as necessary. Please reach out to your RIM representative if you have any questions.