# Gyeongju joint fact sheet restates 15 percent reciprocal tariffs and auto-rate alignment

Date: 2025

## The fact

On 29 October 2025 in Gyeongju the United States and South Korea released a joint fact sheet restating the July strategic deal: 15 percent reciprocal tariffs on originating Korean goods, with autos and parts brought toward that rate versus a prior 25 percent auto hit, against the still-open $350 billion-class investment architecture.

## Context

July 30 bargain and [White House](/organizations/white-house) 25 August sat as parents. Neighbouring OPCON talk is a twin the same visit. He did not sit as USTR. A fact sheet is still ordinary summit paper, remaining FX-pledge costs on the parent trade-deal row.

Trade deal 30 July is the parent bargain. White House 25 August is a parent summit. OPCON talk is a twin the same day.

The President of the Republic of Korea is head of state and of the executive, appoints the prime minister with [National Assembly](/organizations/national-assembly) consent, and commands the armed forces. The National Assembly enacts statutes. The Bank of Korea sets the policy rate. Courts, including the Supreme Court and Constitutional Court, judge. Chaebol boards, US Forces Korea, and provincial governments share later series. A Seongnam mayoral youth dividend or debt moratorium is not a 2025 statute. A criminal case must be stored with exact charge and judgment status — an allegation, indictment, first-instance finding, appellate acquittal, Supreme Court remand, or Article 84 stay is not a completed conviction if appealed, overturned, or pending. He did not author Yoon Suk Yeol’s 3 December 2024 martial-law decree.

## Evidence and sources

Presidential Office of the Republic of Korea carries the official instrument or communique. Yonhap News Agency records the same dated act independently.

## Significance

The path is [industrial-policy activism](/drivers/industrial-policy-activism): a completed auto-and-chip tariff alignment versus the 25 percent threat, remaining investment-pledge costs next door.

## What is established and what is not

Established: 29 October 2025 Gyeongju fact sheet restating 15 percent and auto alignment, independently reported.

Not established: that every pledged investment dollar uniquely moved that Wednesday, or a unique later export coefficient.

What would change the picture: a contradictory original with a different date or name, a later repeal, a court that vacated the instrument, or a measured series that can be argued, with lag and alternatives, as a consequence of this instrument rather than of later institutions.

The date is the date of this instrument, not a licence to back-date every later harm or benefit.

[Trump](/people/mig-donald-trump) signed the US side. USTR and MOTIE share the paper. Chaebol boards share later cheques.. A later repeal, court stay, or successor order would be a different Fact with a different date. That pair identifies Gyeongju joint fact sheet restates 15 percent reciprocal tariffs and auto-rate alignment, not a later speech about Gyeongju joint fact sheet restates 15 percent reciprocal tariffs and auto-rate alignment.

Co-authors and later implementers named in Context remain on the file. Gyeongju joint fact sheet restates 15 percent reciprocal tariffs and auto-rate alignment on 2025-10-29 is not a licence to treat every later Presidential Office of the Republic of Korea communique as this same act. If a later repeal, stay, or successor instrument exists, it needs its own date and its own row. This dossier refuses to average Gyeongju joint fact sheet restates 15 percent reciprocal tariffs and auto-rate alignment into a personality. The contribution described on this Person row is limited to He hosted. Trump signed the US side. USTR and MOTIE share the paper. Chaebol boards share later cheques. That limit is the alternative to treating office-holding as authorship of every later series.

## People

- Lee Jae Myung: https://factrail.ai/people/lee-jae-myung

## Drivers

- Industrial-Policy Activism: https://factrail.ai/drivers/industrial-policy-activism
- Energy Security: https://factrail.ai/drivers/energy-security

## Sources

- https://en.yna.co.kr/view/AEN20251114006300315
- https://english.president.go.kr/

## Methodology

https://factrail.ai/methodology

Canonical: https://factrail.ai/facts/kr-lee-apec-tariff-2025