Donald Trump Announces Increased Tariffs on South Korean Goods Amid Global Market Record Highs
President Trump announced a tariff hike on South Korean imports as global markets hit record highs. Investors remain focused on upcoming tech earnings.
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United States 
USPresident Donald Trump donald trumpannounced on Monday that his administration would increase tariffs on imported goods from South Korea 
KRto 25% from 15%. This move followed what Donald Trumpcited as the failure of the South Koreanparliament to quickly implement an investment pact previously agreed upon with President Lee Jae Myung lee jae myung.
USPresident Donald Trump donald trumpannounced on Monday that his administration would increase tariffs on imported goods from South Korea KRto 25% from 15%. This move followed what Donald Trumpcited as the failure of the South Koreanparliament to quickly implement an investment pact previously agreed upon with President Lee Jae Myung lee jae myung.Despite the trade escalation, the S&P 500 Index ended 0.5% higher on Monday with futures trading higher ahead of the open on Tuesday. International markets also showed resilience as the Nikkei 225 in Japan 
JPand the KOSPI Index both rose, with the KOSPI Indexreaching a new record high. Investors appear focused on the artificial intelligence boom and upcoming quarterly results from Microsoft Corporation , Meta Platforms Inc , and Tesla Inc , all of which are scheduled to report earnings on Wednesday.
JPand the KOSPI Index both rose, with the KOSPI Indexreaching a new record high. Investors appear focused on the artificial intelligence boom and upcoming quarterly results from Microsoft Corporation , Meta Platforms Inc , and Tesla Inc , all of which are scheduled to report earnings on Wednesday.
