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South Korea, a key U.S. ally and major exporter of cars, semiconductors, and batteries, has seen its companies and its economy caught in the crosshairs of Trump’s tariff campaign.
The U.S. tariff shock has already weighed heavily on South Korea’s economy. On Tuesday, Samsung Electronics, the country’s largest business, reported that its profits in the second quarter had ...
South Korea's trade minister has asked his U.S. counterpart to exempt the country from reciprocal tariffs if they go into effect in April, the trade ministry said on Saturday. During his visit to ...
South Korea will cut tariffs from June on higher priced edible products, including pork and sugar, to help ease people's living costs, the finance ministry said on Tuesday.
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South Korea's tariff saga is a warning to the world - MSNWhen Trump took office in January, South Korea seemed well-positioned to weather the looming tariffs the president was eager to implement. But it was not to be. Earlier this week, Trump announced ...
President Trump said Japan and South Korea would face tariffs of 25 percent unless they reached an agreement with the United States. Other countries received notice of higher levies.
South Korea said it planned to intensify trade talks with the United States and considered U.S. President Donald Trump's plan for a 25% tariff from August 1 as effectively extending a grace period ...
President Trump warned the leaders of Japan and South Korea Monday that they'd face 25% "reciprocal" tariffs starting Aug. 1 -- with the option of no tariffs should each country choose to "build ...
South Korea is the fourth-largest exporter of steel to the United States, which imposed a 25% tariff on steel products from last month.
WASHINGTON – President Donald Trump on Monday set a 25% tax on goods imported from Japan and South Korea, as well as new tariff rates on a dozen other nations that would go into effect on Aug. 1 ...
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