Trump says he is raising tariffs on certain South Korean imports to 25%

President Donald Trump said on Monday he was increasing tariffs on South Korean imports into the United States related to autos, lumber and pharmaceuticals to 25% while accusing the ally's legislature of "not living up" to its trade deal with Washington.

"South Korea's Legislature is not living up to its Deal with the United States," Trump wrote on social media.

"Because the Korean Legislature hasn't enacted our Historic Trade Agreement, which is their prerogative, I am hereby increasing South Korean TARIFFS on Autos, Lumber, Pharma, and all other Reciprocal TARIFFS, from 15% to 25%."

-Kanishka Singh, Ismail Shakil and Bhargav Acharya/Reuters