The United States put more taxes on things from South Korea. The taxes are now 25%. Before, they were 15%. President Trump said this on social media. This change is for cars, wood, and medicine. Some things with special trade deals are also affected. South Korea did not expect this. They want to talk to the US fast. This is to help with money problems.
President Trump was not happy. He thought South Korea was slow to agree to a trade deal. He said the Korean government did not keep its word. The US also said it would lower taxes. This was after South Korea started its process.
A minister from South Korea will go to Washington. He will meet with a US official. South Korea wants to talk. They want to fix the trade problem. The US did not tell them about the new taxes.
The higher taxes are causing problems. The stock market in South Korea went down. American companies will pay more. This could make prices go up for people. Car companies in South Korea saw their stocks fall. This shows how markets can change. The trade deal was meant to help. Now, it is not sure.