South Korea, Treasury Secretary Scott Bessent said on Wednesday, telling reporters that he expected an announcement in the next 10 days. “We are about to finish up with Korea,” Bessent told CNBC.
Bessent says US close to finalizing trade deal with South Korea
The U.S. is close to finalizing a trade deal with South Korea, Treasury Secretary Scott Bessent said on Wednesday. “We are about to finish up with Korea,” Bessent told CNBC. “The devil’s in the …
Trump ready to meet with China’s Xi in South Korea, Bessent tells CNBC
U.S. Treasury Secretary Scott Bessent on Wednesday insisted that Washington did not want to escalate a trade conflict with China, stressing that President Donald Trump is ready to meet Chinese …
China blocks business with 5 U.S. subsidiaries of Hanwha Ocean in trade dispute
China has taken a dramatic step in its ongoing trade tensions with the United States. The country has added five U.S. subsidiaries of South Korea’s Hanwha Ocean to its sanction list. This move has …
China’s sanctions against US-linked Hanwha units seen as warning gesture, analysts say
China’s sanctions against five U.S.-linked affiliates of South Korean shipbuilder Hanwha Ocean are seen as a warning gesture without immediate impact, and Beijing is unlikely to gain much by expanding …
Top South Korea officials to visit US for tariff talks amid hope for progress
South Korea’s industry minister and the chief presidential secretary for policy will travel to the United States on Thursday for follow-up talks on lowering tariffs applied to the Asian country’s …
Map Shows Japan War Games Near Pacific Adversaries
According to a map provided by Japan’s Defense Ministry, joint air and missile defense training events will take place in the Sea of Japan—also called the East Sea in South Korea—the East China Sea and off the Pacific coasts of Honshu, Shikoku and Kyushu.
South Korea says ‘huge progress’ in US trade talks over investment package
South Korean Finance Minister Koo Yun-cheol said on Tuesday it was “huge progress” that the U.S. was not insisting that South Korea make all of the $350 billion investments, promised in a trade deal …
LG Electronics India eclipses South Korean parent in blockbuster $13 billion trading debut
LG Electronics India surged 50.4% in its trading debut on Tuesday and notched a valuation of $13.07 billion, eclipsing its South Korean parent’s market capitalisation, as investors piled into the …
China sanctions 5 US units of South Korean shipbuilder Hanwha Ocean over probe by Washington
China’s Commerce Ministry says it has banned dealings by Chinese companies with five subsidiaries of South Korean shipbuilder Hanwha Ocean.