The US will increase additional import tariffs for some countries to 15%, up from the current 10%, according to chief trade representative Jamieson Greer.
U.S. Customs and Border Protection (CBP) will cease collecting tariffs imposed under the International Emergency Economic Powers Act (IEEPA) starting 24/2.
Facing threats of a 25% tariff increase from former US President Donald Trump, South Korea declares compliance with the agreement to invest 350 billion USD in the United States.
