Uzbekistan holds talks with Disney on creative and tourism projects
Uzbekistan is exploring potential cooperation with The Walt Disney Company on creative and tourism projects, including a long-term proposal to build a...
The United States wants South Korea to join a coordinated push to limit China’s fast-growing share of the world shipbuilding market, Seoul’s trade ministry said on Friday, tying the request to talks over 25 % tariffs on steel, cars and other goods.
Trade Policy Director Chang Sung-gil told a parliamentary forum that U.S. negotiators “feel a sense of crisis that China’s market share is rising” and see South Korea, the No 2 shipbuilding nation, as a “strategic partner” in efforts to counter Beijing.
Washington, he said, is asking Seoul to cooperate not only in ship construction itself but in unspecified “other areas” as a precondition for deeper industrial collaboration. The Biden administration also wants South Korea to increase purchases of U.S. energy and farm products in exchange for discussing a rollback of reciprocal 25 % tariffs imposed under Section 232 in 2018.
China’s foreign ministry urged both allies to avoid deals that harm third-party interests. “No agreement or negotiation should harm the interests of third parties,” spokesperson Mao Ning told reporters in Beijing on Friday.
The rivalry comes as China has captured more than 50 % of the global order book for new vessels, while South Korea holds roughly one-third, according to Clarkson Research Service data. The U.S. builds few commercial ships but fears Chinese dominance could give Beijing leverage over critical maritime supply chains.
South Korean officials say any pact must balance national sensitivities about importing additional U.S. farm goods—always a contentious issue in Seoul—and protect the domestic steel industry, which faces the same U.S. tariffs it has lobbied to remove.
Industry analysts expect the talks to intensify ahead of a possible summit later this year, but warn that aligning on both trade and strategic objectives will be difficult. “Seoul relies heavily on Chinese components even as it competes for hull orders,” said Park Jin-woo, a logistics professor at Korea Maritime University. “Decoupling at the shipyard gate will not be straightforward.”
Neither the U.S. Trade Representative’s office nor South Korea’s industry ministry has publicly commented on the substance of the private discussions.
Vince Zampella, co-creator of the Call of Duty gaming franchise, has died in a car crash involving a Ferrari crash on Monday in Los Angeles, United States.
Israeli Prime Minister Benjamin Netanyahu said Israel is monitoring recent Iranian military exercises and will raise the issue with U.S. President Donald Trump during his visit to Washington next week.
Paramount has reaffirmed its bid to acquire Warner Bros. Discovery, offering $30 per share in cash and backing the proposal with a $40.4 billion personal equity guarantee from billionaire Larry Ellison, despite the target company’s board urging shareholders to reject the offer.
U.S. President Donald Trump has approved plans to construct a new class of battleships, which he described as larger, faster and significantly more powerful than any previous U.S. warship.
As the European Commission warns of possible visa suspension, Georgian authorities reject accusations of democratic backsliding. What is really at stake — and who could be affected most?
France’s government is moving to pass emergency legislation to keep the state operating into January after lawmakers failed to agree on a 2026 budget, as pressure grows from investors and credit ratings agencies.
Australia’s most populous state has passed sweeping new gun control and anti-terror laws following a mass shooting at Bondi Beach, tightening firearm ownership rules, banning the public display of terrorist symbols and expanding police powers to restrict protests.
Thailand and Cambodia both reported fresh clashes on Wednesday, as the two sides prepared to hold military talks aimed at easing tensions along their shared border.
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The United States will impose and enforce sanctions "to the maximum extent" to deprive Venezuelan President Nicolas Maduro of resources as Russia warned other Latin American countries could be next, the U.S. told the United Nations on Tuesday.
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