South Korea, Tariffs
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U.S. News & World Report |
South Korea has been governed for almost four months by a revolving pair of interim presidents who have struggled to orchestrate an effective response to U.S. President Donald Trump's sweeping tariff...
NBC News |
China announced a 34% tariff on all products imported from the U.S. on Friday, escalating the trade war between the world’s two biggest economies.
BBC |
The sweeping new tariffs announced by President Donald Trump on Wednesday triggered a slump in global stock markets, with the US S&P 500 having its worst day since the impact of Covid in 2020.
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Yonhap News (English) on MSNActing president calls for all-out response to US announcement of 25% tariffsActing President Han Duck-soo instructed the government Thursday to go all-out to respond to the United States' announcement of 25 percent tariffs on imports from South Korea. Han gave the instruction during an "emergency meeting" of the economic and security strategy task force,
A 10 percent tariff will apply to all countries, but trading partners like China, Japan and Europe will face rates two and three times as high.
South Korea’s highest court has removed President Yun Seok-yeol from office in a unanimous decision following his impeachment after he declared martial law.