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.
President Recep Tayyip Erdogan told Armenian Prime Minister Nikol Pashinyan on Friday that Türkiye is using all diplomatic means to establish stability not only in the Caucasus but throughout the region.
Seven Baltic and Nordic countries asked on Friday to ban Russian soldiers from entering the Schengen zone.
Greece’s shipping minister warns that any closure of the Strait of Hormuz due to rising tensions between Iran and Israel would have serious global economic consequences.
South Korea on Friday pushed back against U.S. demands to sharply increase its defense budget, saying its current spending is already among the highest relative to GDP for U.S. allies.
President Donald Trump says the U.S. is unlikely to push Israel to end its airstrikes on Iran, calling it “very hard” to make that request while Israel is gaining ground militarily.
President Recep Tayyip Erdogan told Armenian Prime Minister Nikol Pashinyan on Friday that Türkiye is using all diplomatic means to establish stability not only in the Caucasus but throughout the region.
Seven Baltic and Nordic countries asked on Friday to ban Russian soldiers from entering the Schengen zone.
Greece’s shipping minister warns that any closure of the Strait of Hormuz due to rising tensions between Iran and Israel would have serious global economic consequences.
South Korea on Friday pushed back against U.S. demands to sharply increase its defense budget, saying its current spending is already among the highest relative to GDP for U.S. allies.
U.S. President Donald Trump publicly pushed back against his Director of National Intelligence (DNI), Tulsi Gabbard, on Friday, asserting that Iran is pursuing a nuclear weapon, directly contradicting intelligence assessments she shared earlier this year.
Iranian missiles struck multiple locations across Israel and neighbouring regions early Friday morning, including a Microsoft office complex, according to emergency responders and local media reports.
Peace is no longer a dream. It is a discussion. On the streets of Baku and Yerevan, it is also a question, of trust, of foreign interests, and of who truly wants it.
A high-speed tram derailment in central Gothenburg, Sweden, has left at least eight people injured late on Thursday (19 June), after the vehicle slammed into a snack bar on Avenyn Avenue.
The 2025 G7 Leaders’ Summit was held June 15–17 in Kananaskis, Alberta, under Canada’s presidency. Prime Minister Mark Carney framed the meeting around priorities of protecting communities, energy and climate security, the digital transition, and future partnerships.
The USS Nimitz is heading to the Middle East amid tensions between Israel and Iran. The U.S. aircraft carrier has a decades-long history in the region, from the 1979 hostage crisis to modern deployments, often serving as a key asset during periods of rising friction with Iran.
US President Donald Trump rejected the official assessment from his intelligence community that Iran is not currently building a nuclear weapon.
NATO needs to evolve to meet today’s changing world, Italy’s Defense Minister Guido Crosetto said Friday.
Pakistan has nominated U.S. President Donald Trump for the 2026 Nobel Peace Prize for his "diplomatic role and leadership" during the recent crisis with India.
The US will host the official signing of a peace agreement between the Democratic Republic of Congo (DRC) and Rwanda, the State Department announced Friday.
The EU Commission signed five major agreements with Africa, securing over €1.2 billion ($1.38 billion) in investments and guarantees, EU President Ursula von der Leyen announced Friday.
President Recep Tayyip Erdogan told Armenian Prime Minister Nikol Pashinyan on Friday that Türkiye is using all diplomatic means to establish stability not only in the Caucasus but throughout the region.
Seven Baltic and Nordic countries asked on Friday to ban Russian soldiers from entering the Schengen zone.
Greece’s shipping minister warns that any closure of the Strait of Hormuz due to rising tensions between Iran and Israel would have serious global economic consequences.
South Korea on Friday pushed back against U.S. demands to sharply increase its defense budget, saying its current spending is already among the highest relative to GDP for U.S. allies.
U.S. President Donald Trump publicly pushed back against his Director of National Intelligence (DNI), Tulsi Gabbard, on Friday, asserting that Iran is pursuing a nuclear weapon, directly contradicting intelligence assessments she shared earlier this year.
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