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<h1>US tariffs on South Korean imports rise amid stalled trade-framework approval, while federal support targets domestic rare-earth production.</h1> Announcement of increased US import duties on South Korean goods-raising rates on autos, lumber and pharmaceuticals and moving a general goods tariff from 15% to 25%-was tied to lack of legislative approval for a bilateral trade framework, creating immediate trade-policy risk. Separately, the government agreed to provide direct funding and a proposed large loan to a rare-earth producer, reflecting targeted industrial policy support for strategic minerals. Anticipated Federal Reserve policy to hold rates, with potential future cuts despite inflation above target, was noted as a concurrent market driver.