US President Donald Trump has now imposed a 15% import tax on South Korean goods traded between Seoul and Washington. It's less than the 25% levy that Trump had threatened, but many consumers are not taking any chances.

South Korea's industry minister announced a deal with the U.S. to avoid heavy tariffs, but concerns persist about a 15% tariff affecting exporters' profitability. A $350 billion investment package focused on semiconductors and shipbuilding was also negotiated.