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.
Russia has violated an energy ceasefire announced by U.S. President Donald Trump, Ukrainian leader Volodymyr Zelen...
Here's your AnewZ Daily Brief for 12 October 2026 with the top five natural disasters happening around the world. ...
One person was killed and nearly a dozen hurt in a new attack Riyadh's international airport on Sunday, Saudi ...
The explosion at King Khalid International Airport in Riyadh on Saturday afternoon killed at least 12 people and injured a further 309, according to Saudi Arabia’s Civil Aviation Authority. The airport remains closed until further notice.
Yemen's Houthis renewed warning to airlines, airport workers, and travellers against using Saudi airports, saying the warning should be taken seriously and that the kingdom “bore responsibility for failed interceptions”, a day after an attack on Riyadh's international airport that killed 12 people.
One person was killed and nearly a dozen hurt in a new attack Riyadh's international airport on Sunday, Saudi authorities reported, a day after a strike claimed by Yemen's Houthis that killed 13 people and wounded more than 300.
The Houthi movement has escalated their attacks on Saudi Arabia, targeting the airport in Riyadh and other cities, killing more than a dozen people.
Ukraine is ready to stop attacks on Russian oil refineries if Moscow also halts strikes on Ukrainian energy infrastructure, President Volodymyr Zelenskyy said on Sunday.
Russia has violated an energy ceasefire announced by U.S. President Donald Trump, Ukrainian leader Volodymyr Zelenskyy said on Monday, urging Washington to step in to ensure that Moscow abided by the terms of the putative agreement.
Here's your AnewZ Daily Brief for 12 October 2026 with the top five natural disasters happening around the world.
The Houthi movement has escalated their attacks on Saudi Arabia, targeting the airport in Riyadh and other cities, killing more than a dozen people.
Ukrainian President Volodymyr Zelenskyy said on Monday that Ukraine is ready to respect the energy ceasefire announced by U.S. President Donald Trump, but only if Russia does the same, saying Moscow has already violated the agreement.
China has announced sanctions against Belize’s foreign minister and Paraguay’s communications minister over their countries’ diplomatic ties with Taiwan. The move comes as Beijing continues to pressure the few remaining nations that maintain formal diplomatic relations with Taipei.
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