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.
Israel's Defence Minister Israel Katz has said that Iran's security chief Ali Larijani was killed in ta...
Israel’s Defence Minister Israel Katz has said the country’s military killed two of Iran’s most senior security figu...
Kazakhstan’Kazakhstan’s lower house has approved plans for a green energy corridor with Azerbaijan and Uz...
Chile’s newly inaugurated president, José Antonio Kast, has taken his first major step on immigration, launching plans fo...
When the current confrontation around Iran eventually fades into history, the real story for the South Caucasus may n...
Israel's Defence Minister Israel Katz has said that Iran's security chief Ali Larijani was killed in targeted strikes on the country.
Israel’s Defence Minister Israel Katz has said the country’s military killed two of Iran’s most senior security figures in overnight airstrikes, as tensions across the Middle East continue to escalate.
Kazakhstan’Kazakhstan’s lower house has approved plans for a green energy corridor with Azerbaijan and Uzbekistan. Once implemented, the project would see renewable electricity generated in the two Central Asian countries transmitted to Europe via Azerbaijan.
Chile’s newly inaugurated president, José Antonio Kast, has taken his first major step on immigration, launching plans for a fortified barrier along the country’s northern border just days after entering office.
The other evening, I was fuelling my car at a petrol station in Kenya’s capital. It was one of those small moments most motorists barely notice. The attendant filled the tank, I glanced at the pump price, paid, and drove off.
President Trump called on countries to assist in reopening the Strait of Hormuz, while Starmer said the UK is working with allies to restore navigation and stabilise oil markets. It comes as a strike near Iraq’s western border killed several Hashed al-Shaabi fighters, raising regional tensions.
Top U.S. and Chinese economic officials launched a new round of talks in Paris on Sunday (15 March) to resolve issues in their trade truce. The discussions aim to smooth the way for U.S. President Donald Trump’s visit to Beijing to meet Chinese President Xi Jinping at the end of March.
The process of evacuating foreign diplomats and citizens from Iran to Azerbaijan through the Astara state border crossing continues on Sunday (15 March), ensuring smooth and efficient transit for those arriving.
Kazakhstan has adopted a new constitution that could allow President Kassym-Jomart Tokayev to stay in power beyond 2029. The Central Election Commission confirmed that 87.15% of voters backed the constitution in a referendum held on Sunday (17 March).
Chile’s newly inaugurated president, José Antonio Kast, has taken his first major step on immigration, launching plans for a fortified barrier along the country’s northern border just days after entering office.
A Russian drone attack damaged industrial, port, and energy infrastructure in Ukraine's southern Odesa region overnight. The strikes disrupted power supplies in several settlements, prompting local authorities to switch critical facilities to backup power generators.
Start your day informed with AnewZ Morning Brief. Here are the top news stories for the 17 March, covering the latest developments you need to know.
Kouri Richins, a U.S. woman who penned a children’s book about bereavement after the death of her husband has been found guilty of killing him.
Senior officials from the United States and China met in Paris this week for a new round of trade talks, as the world’s two largest economies attempt to manage their economic rivalry and avoid further tensions.
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