The 25 percent duty threatened in the letters effectively matches the initial reciprocal tariffs Trump briefly imposed on the two countries in April.
Trump unveils 25% tariffs on South Korea and Japan, nearly identical to his ‘Liberation Day’ rates
President Trump announced 25% duties on both South Korea and Japan. The new rates — which aren’t scheduled to take effect until Aug. 1 — track closely with the rates the president first announced on …
Trump says 25% tariffs coming for Japan and South Korea as trade war escalates again
President Donald Trump sent out letters to nations that haven’t entered into trade agreements with the U.S., informing them of their new tariff rates.
South Korea seeks US trade deadline extension as tariffs loom
SEOUL] South Korean and US trade officials have discussed extending the Jul 9 deadline for trade deals in a last-minute bid to avert sweeping tariffs from President Donald Trump. Read more at The …
North Korean avoids land mines to cross DMZ into South Korea as Seoul softens stance on Pyongyang
A North Korean man crossed the DMZ on foot before midnight Thursday, asking South Korean troops for help in a rare defection through the fortified border.
North Korean man crosses the heavily fortified border to South Korea
The South’s Joint Chiefs of Staff said the military identified and tracked the individual near the central-west section of the military demarcation line and conducted a “guiding operation” before …
What’s Behind South Korea’s Surging New Births?
Births have risen for 10 consecutive months, but the world’s lowest fertility rate remains far below replacement levels.
Malaysia puts anti-dumping duties on some China, South Korea, Vietnam iron, steel
The duties on imports of galvanised iron coils or sheets or galvanised steel coils or sheets were imposed based on a preliminary determination made in an anti-dumping duty investigation …
Thailand to Revise US Tariff Deal Proposal After Inconclusive Talks
Deputy Prime Minister and Finance Minister Pichai Chunhavajira summarized the results of his US tariff negotiation trip during a transit stop in South Korea on July 4 …
North Korean crosses the heavily fortified border to South Korea
South Korea’s military says an unidentified North Korean man crossed the heavily fortified land border separating the two Koreas and is in custody.