U.S. President Donald Trump will meet with South Korea’s trade delegation in Washington as Seoul races to negotiate a deal before 1 August’s 25 % tariffs on exports, according to South Korean officials.
South Korea’s trade and industry ministers, including Yeo Han‑koo and Kim Jung‑kwan, are in Washington for high‑level talks with U.S. officials like Commerce Secretary Howard Lutnick and U.S. Trade Representative Jamieson Greer. The goal is to avert the tax hikes that are set to kick in if no agreement is reached by the 1 August deadline.
The delegation’s visit comes after South Korea declined to open its sensitive beef and rice markets to meet U.S. demands, instead offering energy and shipbuilding cooperation as leverage. Officials said Seoul intends to present its best possible offer during negotiations.
Despite a cancelled meeting between Finance Minister Koo Yun‑cheol and Treasury Secretary Scott Bessent due to scheduling issues, South Korea pressed ahead with key trade talks over the weekend. South Korea’s top officials, including Koo, have since joined the trade discussions to strengthen the case for a deal.
The stakes are high as the looming tariffs cover South Korea’s major exports, autos, steel, and semiconductors, and come as Japan finalises a landmark trade deal with the U.S., raising pressure on Seoul to quickly secure comparable terms.
Kremlin Spokesperson Dmitry Peskov has dismissed media reports that CIA Director John Ratcliffe visited Moscow ear...
Poland has asked the European Commission to impose a €250 million ($291.3 million) fine on Meta, accusing the technology company of failing to...
Iranian President Masoud Pezeshkian has called for greater economic cooperation among Muslim countries, saying their combined economic weight remai...
Oil prices fell after the U.S. expanded economic sanctions on Iran, as Tehran vowed to retaliate and warned it had tools to respond, raising concerns over potential disruption to regional oil supplies.
Rescuers in Nepal used helicopters on Thursday to scour for hundreds still missing after a wall of mud and rock collapsed into a river on the Himalayan border with China's Tibet, sending catastrophic floods through towns and valleys, killing 162 people.
Secretary of State Marco Rubio told allied foreign ministers Washington will focus on sanctions and other pressure on Iran “for the time being”, Axios reports. Meanwhile, Iran and Oman have resumed talks on a temporary shipping route through the Strait of Hormuz.
Kyiv has recently received a small number of U.S.-made Patriot interceptors capable of downing Russian ballistic missiles, Ukrainian President Volodymyr Zelenskyy has said. It comes as Britain and France pledged stronger military support for Ukraine.
Iranian President Masoud Pezeshkian has called for greater economic cooperation among Muslim countries, saying their combined economic weight remains disproportionately small compared with their population, strategic location and resources.
Kremlin Spokesperson Dmitry Peskov has dismissed media reports that CIA Director John Ratcliffe visited Moscow earlier this week to warn Russia against attacking NATO, dismissing them as "scare stories," which had nothing to do with reality.
Poland has asked the European Commission to impose a €250 million ($291.3 million) fine on Meta, accusing the technology company of failing to adequately tackle fraudulent advertisements on its platforms.
Ratko Mladić, the former Bosnian Serb military commander convicted of genocide for his role in the 1995 Srebrenica massacre, has died, according to a United Nations official.
A glacial collapse that triggered catastrophic flooding along the Nepal-Tibet border on Wednesday has killed at least 270 people, with more than 1,000 still missing. Here are some of the most devastating glacier-related disasters recorded around the world:
The UN Children’s Fund (UNICEF) says 3.7 million children across Afghanistan are suffering from acute wasting, a dangerous form of malnutrition, including around one million with severe acute malnutrition, as hospitals and aid services face rising demand and funding shortages.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment