The agreement comes after other American allies, like Japan, clinched their own deals, partly to moderate President Trump’s tariff threats.

The Trump administration announced a trade deal to impose a 15% tariff on imports from South Korea. The post Trump announces trade deal with South Korea, imports face 15% tariff appeared first on FreightWaves.

U.S. President Donald Trump signed an executive order on Thursday imposing "reciprocal" tariffs ranging from 10 per cent to 41 per cent on U.S. imports from dozens of countries and foreign locations.