President Trump announced on 7 July 2025 that he was extending his deadline for new trade deals to be made with several US trading partners to 1 August 2025, after which South Korea would face a "reciprocal" tariff rate of 25% (CBS News, Chosun Daily, White House - Executive Order 14316). The question will be suspended on 3 August 2025 and the outcome determined using available information from the US government. If different total "reciprocal" tariff rates are in effect on 4 August 2025, the rate in effect for the majority of the day (Eastern Time) will count for resolution, provided, however, that the retroactive lowering or removal of a "reciprocal" tariff rate for 4 August 2025 announced on 4 August 2025 will count for that date. Changes merely exempting specific classes of goods from the "reciprocal" tariff rate are immaterial.

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The question closed "No" with a closing date of 5 August 2025.

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