South Korea has requested an exemption from the U.S.'s new tariff plans, the Industry Ministry said Saturday.
Last month, U.S. President Donald Trump announced 25% tariffs on steel and aluminum imports, set to take effect on March 12. During a meeting with U.S. Commerce Secretary Howard Lutnick, South Korean Industry Minister Ahn Duk-geun expressed concerns over the tariffs and urged for an exemption, Yonhap News Agency reported.
“South Korea will work to earn the best results from systematic and earnest negotiations with the US on new industry, trade and energy policies based on our experience of successfully responding to the US CHIPS Act and Inflation Reduction Act in the past," Ahn said in a press release, according to the news outlet.
They also discussed strengthening ties in shipbuilding and advanced industries. The U.S. remains a key trade partner for South Korea, which had a $66 billion trade surplus with Washington last year.
A Ukrainian drone strike late Tuesday cut power to areas of Russia-held Zaporizhzhia region, officials said, during ongoing attacks in southeastern Uk...
India and China on Tuesday announced plans to resume direct flights and enhance trade and investment as they cautiously rebuild ties following their 2...
On Tuesday, U.S. President Donald Trump indicated he plans to pressure the Smithsonian Institution, a leading museum and research complex on American ...
Armed bandits stormed a mosque in northern Nigeria’s Katsina state during morning prayers, leaving dozens dead and many injured....
The U.S. Commerce Department has expanded steel and aluminum tariffs on Tuesday, to include more than 400 products, aiming to protect domestic industr...
North Korean leader Kim Jong Un has called for a rapid expansion of his country’s nuclear arsenal, denouncing ongoing U.S.-South Korea military drills as “an obvious expression of their intent to provoke war,” state media KCNA reported Tuesday.
The South Korean government has voiced “deep disappointment and regret” over visits by Japanese officials to a controversial war shrine in Tokyo, urging that any improvement in bilateral ties must be grounded in Japan’s willingness to confront its wartime past, the foreign ministry said on Friday.
South Korea’s former first lady Kim Keon Hee has been jailed after a court approved her arrest on bribery, stock fraud and influence-peddling charges, making her the only former first lady in the country’s history to be detained.
South Korea and Vietnam have pledged to boost annual trade to $150 billion by 2030, signing 10 cooperation deals as new U.S. tariffs disrupt global supply chains.
A powerful eruption at Japan’s Shinmoedake volcano sent an ash plume more than 3,000 metres high on Sunday morning, prompting safety warnings from authorities.
According to the German Research Centre for Geosciences (GFZ), a magnitude 5.7 earthquake struck the Oaxaca region of Mexico on Saturday.
'Superman' continued to dominate the summer box office, pulling in another $57.25 million in its second weekend, as theatres welcome a wave of blockbuster competition following a challenging few years for the film industry.
Honduras has brought back mask mandates as COVID-19 cases and a new variant surge nationwide.
The UK is gearing up for Exercise Pegasus 2025, its largest pandemic readiness test since COVID-19. Running from September to November, this full-scale simulation will challenge the country's response to a fast-moving respiratory outbreak.
Kim Yo Jong, sister of North Korean leader Kim Jong Un, accused Seoul and its president of having a “dual personality,” criticising their commitment to peace while carrying out joint exercises with the United States, according to state media KCNA on Wednesday.
A Ukrainian drone strike late Tuesday cut power to areas of Russia-held Zaporizhzhia region, officials said, during ongoing attacks in southeastern Ukraine.
India and China on Tuesday announced plans to resume direct flights and enhance trade and investment as they cautiously rebuild ties following their 2020 border clash, though key border issues remain unresolved.
On Tuesday, U.S. President Donald Trump indicated he plans to pressure the Smithsonian Institution, a leading museum and research complex on American history and culture, to comply with his demands, similar to his approach with colleges and universities by threatening to withhold federal funding.
Armed bandits stormed a mosque in northern Nigeria’s Katsina state during morning prayers, leaving dozens dead and many injured.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment