Uncertainties surrounding South Korea's exports have partially eased as the United States confirmed the lowering of tariffs on Korean automobile, aircraft and lumber imports on the Federal Register, Seoul Industry Minister Kim Jung-kwan said Thursday.

On November 14, President Trump issued an executive order, “Modifying the Scope of the Reciprocal Tariff with Respect to Certain

The federal government took in $31 billion in tariffs in October, showing a steady stream of revenue as President Donald Trump proposes a $2,000 tariff rebate check from the collections.

U.S. Commerce Secretary Howard Lutnick on Monday confirmed that the general tariff rate on imports from South Korea, including on autos, would drop to 15% retroactive to November 1 because South Korea has introduced legislation in parliament to implement the country's strategic U.

Commerce Secretary Howard Lutnick confirmed Monday that the U.S. will reduce tariffs on South Korean imports, including automobiles, to 15%.

The White House announced that Trump signed an executive order exempting certain agriculture products from reciprocal tariffs he imposed April 2.

President Donald Trump's tariffs have reportedly affected the price of artificial Christmas trees this holiday season, a majority of which are made in China