Erdogan says PKK gun hand-over opens a ‘new page’ for Türkiye
President Tayyip Erdogan declared on Saturday that an historic turning point had been reached in Türkiye’s four-decade conflict with the Kurdistan ...
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.
A series of earthquakes have struck Guatemala on Tuesday afternoon, leading authorities to advise residents to evacuate from buildings as a precaution against possible aftershocks.
A deadly mass shooting early on Monday (7 July) in Philadelphia's Grays Ferry neighbourhood left three men dead and nine others wounded, including teenagers, as more than 100 shots were fired.
Dozens of international and domestic flights were cancelled or delayed after Mount Lewotobi Laki Laki erupted on Monday, but Bali’s main airport remains operational.
French member of parliament Olivier Marleix was found dead at his home on Monday, with suicide being considered a possible cause.
Australian researchers have created a groundbreaking “biological AI” platform that could revolutionise drug discovery by rapidly evolving molecules within mammalian cells.
Chinese automaker Chery has denied an industry-ministry audit that disqualified more than $53 million in state incentives for thousands of its electric and hybrid vehicles, insisting it followed official guidance and committed no fraud.
China and the Association of Southeast Asian Nations will send an upgraded ‘version 3.0’ free-trade agreement to their heads of government for approval in October, Chinese Foreign Minister Wang Yi said on Saturday after regional talks in Kuala Lumpur.
he U.S. Defence Department has asked Japan and Australia to spell out how they would respond if fighting broke out over Taiwan, the Financial Times reported on Saturday, citing people familiar with recent talks.
The EU is prepared to take the necessary steps to safeguard its interests if the U.S. proceeds with imposing a 30% tariff on European goods starting Aug 1, European Commission President Ursula von der Leyen said on Saturday.
Russian Foreign Minister Sergei Lavrov said on Saturday that North Korea had reaffirmed full support for Moscow’s war in Ukraine during talks in the coastal city of Wonsan, underscoring an alliance that South Korea believes may soon send even more Pyongyang troops to the front.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment