The Detroit automaker produces budget SUVs like the Chevrolet Trax and Chevrolet Trailblazer almost exclusively for the U.S. market.
Taiwan meets with US for tariff talks in South Korea
The main Taiwan and U.S. trade representatives met in South Korea for trade negotiations, yielding optimism that further talks would lead to reduced U.S. tariffs on Taiwan exports, the island’s …
South Korea’s Political Crisis
In a period of just a few days, two former presidents of South Korea were indicted, the leading presidential candidate for the upcoming special election had his criminal conviction acquittal …
U.S. Allies Are Still Waiting for Tariff Relief Even After Speedy China Truce
Talks with Japan, South Korea and the European Union have bogged down over auto tariffs and the U.S. reneging on past deals.
South Korea’s Kumho Tire plant production suspended due to fire
Production at Kumho Tire’s largest factory in South Korea was suspended due to a fire that broke out on Saturday morning, a company spokesperson said. The factory in the southwestern city of Gwangju …
Trump’s auto tariffs reignite concerns about GM’s future in South Korea
GM shipped 418,782 autos from South Korea to American consumers. Will Trump’s tariffs force local factories to close?
US, South Korea Hold Series of Trade Talks to Ease Tariff Impact
South Korea is holding a series of trade talks with US officials visiting Jeju for a regional summit, aiming to soften the blow from President Donald Trump’s tariffs.
South Korea-Malaysia FTA negotiations in final phase, to be finalised in October
The Free Trade Agreement (FTA) negotiations between Malaysia and South Korea have now entered the final phase, to be finalised during the upcoming ASEAN Summit in October in Kuala Lumpur.
US-Korea Currency Talks Fuel Bets Trump Is Open to Weaker Dollar
The dollar fell after a person familiar with the matter said the US and South Korean governments discussed currency policies this month, fanning speculation President Donald Trump’s administration is …
Protection racket? Asian semiconductor giants fear looming tariffs
Inside one of South Korea’s oldest semiconductor research institutes, the cleanrooms and workshops are calm and immaculate, but outside the Seoul National University campus, a chip storm is brewing.