White House Says Plan to Raise Global Tariff to 15% Is 'In Process'

Politics

The Korea Times

White House Says Plan to Raise Global Tariff to 15% Is 'In Process'

Mar 25, 2026(about 5 hours ago)|

Negativekoreatimes

News Briefing

AI Summary

Key Point

White House confirms 15% global tariff increase plan is underway.

What Happened

An official confirmed the administration is actively working on raising the baseline global tariff to 15%.

Why It Matters

A 15% baseline tariff would significantly impact Korean imports and Korean-American businesses that depend on international supply chains.

Article Facts

Source

The Korea Times

koreatimes

Category

Politics

Published

Mar 25, 2026

about 5 hours ago

Tone

Negative

Open the original article for full context

Go to The Korea Times to read the complete story, quotes, and full reporting context.

#tariff#trade#korea#us-economy

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