South Korea’s finance minister said Tuesday that Seoul will seek to delay U.S. tariffs for as long as possible, as negotiations with Washington continue amid mounting pressure on the country’s export-dependent economy.
South Korea’s Finance Minister Choi Sang-mok said on Tuesday that the government will work to postpone the implementation of reciprocal U.S. tariffs for as long as possible, as Seoul navigates negotiations with Washington amid growing uncertainty for its export-driven economy.
South Korea is among the countries with which U.S. Treasury Secretary Scott Bessent has confirmed Washington plans to hold tariff discussions. Although President Donald Trump imposed 25% reciprocal tariffs, their implementation has been temporarily paused.
Speaking in parliament, Choi emphasized that delaying the tariffs is a top priority in order to reduce the risks facing South Korean businesses in the global marketplace.
“From our national interest perspective, the goal is to negotiate thoroughly and conclude the matter under the current administration,” Choi said in response to a question from a lawmaker regarding Seoul’s strategy.
South Korea is set to elect a new president in a snap election on June 3, following the recent removal of President Yoon Suk Yeol after his controversial martial law declaration.
The United Nations (UN) World Food Programme said on Friday it has brought about 560 tonnes of food per day on average into Gaza since the Israel-Hama...
A senior Kremlin envoy has proposed building an undersea “Putin–Trump Tunnel” connecting Russia’s Chukotka region with Alaska — a symbolic m...
Thousands of mourners attended a state funeral for Kenyan opposition leader Raila Odinga on Friday under heavy security after a deadly day that saw of...
An explosion at an eight-storey apartment building in Romania's capital Bucharest collapsed floors, killing two people and injuring 12 on Friday, loca...
Madagascar's coup leader Colonel Michael Randrianirina was sworn in as president on Friday, after the military took power in the island nation this we...
The United Nations (UN) World Food Programme said on Friday it has brought about 560 tonnes of food per day on average into Gaza since the Israel-Hamas ceasefire took effect, but that still fell short of the scale of need in the region.
A senior Kremlin envoy has proposed building an undersea “Putin–Trump Tunnel” connecting Russia’s Chukotka region with Alaska — a symbolic megaproject he says could unite the two nations and open new avenues for trade and resource exploration.
Thousands of mourners attended a state funeral for Kenyan opposition leader Raila Odinga on Friday under heavy security after a deadly day that saw officers open fire to disperse crowds at a stadium hosting a public viewing of his body.
An explosion at an eight-storey apartment building in Romania's capital Bucharest collapsed floors, killing two people and injuring 12 on Friday, local media reported.
Video from the USGS (United States Geological Survey) showed on Friday (19 September) the Kilauea volcano in Hawaii erupting and spewing lava.
At least 69 people have died and almost 150 injured following a powerful 6.9-magnitude earthquake off the coast of Cebu City in the central Visayas region of the Philippines, officials said, making it one of the country’s deadliest disasters this year.
Authorities in California have identified the dismembered body discovered in a Tesla registered to singer D4vd as 15-year-old Celeste Rivas Hernandez, who had been missing from Lake Elsinore since April 2024.
A tsunami threat was issued in Chile after a magnitude 7.8 earthquake struck the Drake Passage on Friday. The epicenter was located 135 miles south of Puerto Williams on the north coast of Navarino Island.
The war in Ukraine has reached a strategic impasse, and it seems that the conflict will not be solved by military means. This creates a path toward one of two alternatives: either a “frozen” phase that can last indefinitely or a quest for a durable political regulation.
The United Nations (UN) World Food Programme said on Friday it has brought about 560 tonnes of food per day on average into Gaza since the Israel-Hamas ceasefire took effect, but that still fell short of the scale of need in the region.
A senior Kremlin envoy has proposed building an undersea “Putin–Trump Tunnel” connecting Russia’s Chukotka region with Alaska — a symbolic megaproject he says could unite the two nations and open new avenues for trade and resource exploration.
Thousands of mourners attended a state funeral for Kenyan opposition leader Raila Odinga on Friday under heavy security after a deadly day that saw officers open fire to disperse crowds at a stadium hosting a public viewing of his body.
An explosion at an eight-storey apartment building in Romania's capital Bucharest collapsed floors, killing two people and injuring 12 on Friday, local media reported.
Madagascar's coup leader Colonel Michael Randrianirina was sworn in as president on Friday, after the military took power in the island nation this week.
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