Trump Hikes South Korea Tariffs to 25% Following Trade Deal Implementation Delays

Trump raised tariffs on South Korean imports to 25% after the country failed to approve a major trade agreement.The move caused an initial slump in Hyundai and Kia shares while USA markets surged behind gains from Apple, Meta, and Microsoft.Related developments include a new India-EU trade pact and a $2B investment by Nvidia into CoreWeave.