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.
South Korea aims to delay new U.S. tariffs, prioritizing economic stability amid trade tensions. Finance Minister Choi Sang-mok emphasized the importance of reducing uncertainty for export industries, while ongoing talks with the U.S. seek a mutually beneficial resolution.
South Korea and Vietnam agreed on Monday to deepen economic cooperation and accelerate joint efforts to mitigate the impact of looming U.S. tariffs, following a ministerial meeting in Hanoi.
Former South Korean President Yoon Suk Yeol returned to his private home on Friday from the official residence after his removal from office, with crowds of supporters turning out to greet his motorcade.
South Korea has formally established diplomatic relations with Syria, closing a decades-long gap and opening a new chapter in its global diplomacy.
The United States and South Korea have completed a joint naval exercise aimed at enhancing their shared capabilities in maritime salvage and rescue operations during both wartime and peacetime.
In a milestone move for one of the world's smallest nations, Tuvalu has installed its first-ever cash machine, marking a new chapter in the country’s financial services.
The Ministry of Foreign Affairs of the Sultanate of Oman has confirmed that the second round of talks between representatives of the Islamic Republic of Iran and the United States of America will be held in Rome this Saturday.
Russian Foreign Minister Sergey Lavrov is scheduled to hold talks with his Iranian counterpart Abbas Araghchi in Moscow.
Ukraine said on Thursday that Kyiv and Washington had signed a memorandum as an initial step towards clinching an agreement on developing mineral resources in Ukraine, a deal promoted by U.S. President Donald Trump.
Start your day informed with AnewZ Morning Brief: here are the top news stories for April 18th, covering the latest developments you need to know.
The Russian ruble has emerged as the top-performing currency globally in 2025, registering an impressive 38% appreciation against the US dollar since the beginning of the year, according to a report by Bloomberg.
A small plane crashed near Kopake, New York, on April 13, killing at 6 people. The Mitsubishi MU-2B aircraft, carrying six people, went down under unclear circumstances. This marks the second aviation accident in New York in a week, raising safety concerns.
Several regions in Ukraine faced heightened alert on Palm Sunday, as reports of explosions and missile threats drew public attention and official responses.
Start your day informed with AnewZ Morning Brief: here are the top news stories for April 16th, covering the latest developments you need to know.
Iran and Armenia conducted joint military exercises on April 9–10 along their shared border, focusing on counterterrorism reinforcing regional stability. The exercises involved high-level military personnel and were aimed at neutralising simulated terrorist threats targeting border checkpoints.
In a milestone move for one of the world's smallest nations, Tuvalu has installed its first-ever cash machine, marking a new chapter in the country’s financial services.
Ukraine said on Thursday that Kyiv and Washington had signed a memorandum as an initial step towards clinching an agreement on developing mineral resources in Ukraine, a deal promoted by U.S. President Donald Trump.
Start your day informed with AnewZ Morning Brief: here are the top news stories for April 18th, covering the latest developments you need to know.
Severe rainfall on April 17 led to flooding and landslides in the Piedmont region, prompting a large-scale emergency response from over 400 firefighters.
Hamas has proposed a deal to exchange all hostages for a set number of Palestinians jailed by Israel, rejecting an interim truce and calling for broader negotiations to end the war in Gaza.
In a milestone move for one of the world's smallest nations, Tuvalu has installed its first-ever cash machine, marking a new chapter in the country’s financial services.
The Ministry of Foreign Affairs of the Sultanate of Oman has confirmed that the second round of talks between representatives of the Islamic Republic of Iran and the United States of America will be held in Rome this Saturday.
Russian Foreign Minister Sergey Lavrov is scheduled to hold talks with his Iranian counterpart Abbas Araghchi in Moscow.
Ukraine said on Thursday that Kyiv and Washington had signed a memorandum as an initial step towards clinching an agreement on developing mineral resources in Ukraine, a deal promoted by U.S. President Donald Trump.
Start your day informed with AnewZ Morning Brief: here are the top news stories for April 18th, covering the latest developments you need to know.
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