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April 2, 2025

Executive Order 14257 invokes IEEPA for 25% South Korea duties

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Trump imposes 25% tariffs on ally South Korea citing emergency

On Apr. 2, 2025, President Donald Trump signed Executive Order 14257 imposing a 25 percent “reciprocal” duty on most South-Korean imports under Section 232 of the Trade Expansion Act (White House EO 14257)

Section 3(b) of EO 14257 pauses tariff collection for 90 days, establishing a negotiation window that ends on Jul. 8, 2025, unless exemption agreements are reached (White House Clarification of Exceptions)

Section 232 (19 U.S.C. §1862) authorizes the president to impose tariffs on national-security grounds—Congress may override such actions only by a two-thirds vote in both chambers (Congress.gov Section 232 explainer)

Commerce Secretary Howard Lutnick signalled that a second-wave Section 232 levy targeting semiconductors will follow the blanket 25 percent tariff (Reuters – Lutnick interview, 2025-04-13)

U.S. electronics imports in 2024 reached approximately $486 billion, making electronics the second-largest import category and subjecting chips and data-center equipment to the new duties (Reuters – Tariffs & data centers)

🛡️National Security📋Public Policy💰Economy

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People, bills, and sources

President Donald Trump

signed Executive Order 14257 on Apr. 2, 2025 to impose a 25 percent tariff on South-Korean goods (White House EO 14257)

Howard Lutnick (U.S. Commerce Secretary)

announced forthcoming chip-specific Section 232 duties in addition to the 25 percent tariff (Reuters – Lutnick interview)

Kim Beom-seok (Acting Finance Minister, South Korea)

warned South Korea “will not hesitate to pursue WTO remedies” if exemption talks fail (Reuters – Policy support package)

Jay Y. Lee (Chair, Samsung)

met President Lee on Jun. 13, 2025 to press for clarity on the U.S. tariff regime (Reuters – Lee meeting)

What you can do

1

Importers of South-Korean goods should file exemption petitions by Jul. 8, 2025, using the procedures in the White House’s Clarification of Exceptions for Executive Order 14257: https://www.whitehouse.gov/presidential-actions/2025/04/clarification-of-exceptions-under-executive-order-14257-of-april-2-2025-as-amended/

2

Semiconductor and electronics firms must prepare national-security impact dossiers and submit them under the Section 232 exemption process with the U.S. Commerce Department ahead of forthcoming chip-specific tariffs (per Reuters – Lutnick interview)

3

South Korean automakers can consult the Ministry of Trade, Industry and Energy’s Apr. 8, 2025 announcement for eligibility criteria and application instructions on the ₩15 trillion support package (Reuters – Korea auto measures)