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 swift election of Pope Leo XIV reflects a clear consensus among cardinals for continuity, unity, and a leader capable of bridging divides both within the Church and across the globe.
Danish Prime Minister Mette Frederiksen said “you cannot spy against an ally” following reports that the U.S. has increased intelligence efforts in Greenland, a semi-autonomous Danish territory.
Iran has agreed to hold a fourth round of indirect nuclear talks with the United States on Sunday in Oman.
Ukrainian President Volodymyr Zelenskyy announced that leaders of the "coalition of the willing" will meet in Kyiv on Saturday, as Europe weighs its long-term security role in Ukraine's future.
Ukraine has imposed sanctions on one Chinese firm and three Iranian companies, as outlined in a presidential decree issued Friday.
The swift election of Pope Leo XIV reflects a clear consensus among cardinals for continuity, unity, and a leader capable of bridging divides both within the Church and across the globe.
Danish Prime Minister Mette Frederiksen said “you cannot spy against an ally” following reports that the U.S. has increased intelligence efforts in Greenland, a semi-autonomous Danish territory.
Iran has agreed to hold a fourth round of indirect nuclear talks with the United States on Sunday in Oman.
Ukraine's security service says it has detained two alleged Hungarian spies accused of gathering military intelligence in the Zakarpattia region, near the shared border.
Ukrainian President Volodymyr Zelenskyy announced that leaders of the "coalition of the willing" will meet in Kyiv on Saturday, as Europe weighs its long-term security role in Ukraine's future.
India has fired a series of missiles into Pakistani-controlled territory, in what it has described as “Operation Sindoor”
For the first time in history, an American has been chosen to lead the Catholic Church, as Cardinal Robert Prevost is named pope.
Discover every major VE Day 80 event in Britain, 5‑8 May 2025—from London’s parade and fly‑past to street parties, concerts and museum exhibitions.
Chinese e-commerce platform Temu has announced it will no longer sell goods directly from China to U.S. customers, shifting instead to U.S.-based sellers amid the closure of a long-criticized customs loophole.
Cardinals from 70 nations have gathered in Vatican City to begin the historic conclave to elect the next pope, following the death of Pope Francis 17 days ago. This conclave is the most geographically diverse in Church history, showcasing Francis’ legacy of inclusivity.
The swift election of Pope Leo XIV reflects a clear consensus among cardinals for continuity, unity, and a leader capable of bridging divides both within the Church and across the globe.
Danish Prime Minister Mette Frederiksen said “you cannot spy against an ally” following reports that the U.S. has increased intelligence efforts in Greenland, a semi-autonomous Danish territory.
Iran has agreed to hold a fourth round of indirect nuclear talks with the United States on Sunday in Oman.
Ukraine's security service says it has detained two alleged Hungarian spies accused of gathering military intelligence in the Zakarpattia region, near the shared border.
Ukrainian President Volodymyr Zelenskyy announced that leaders of the "coalition of the willing" will meet in Kyiv on Saturday, as Europe weighs its long-term security role in Ukraine's future.
The swift election of Pope Leo XIV reflects a clear consensus among cardinals for continuity, unity, and a leader capable of bridging divides both within the Church and across the globe.
Danish Prime Minister Mette Frederiksen said “you cannot spy against an ally” following reports that the U.S. has increased intelligence efforts in Greenland, a semi-autonomous Danish territory.
Iran has agreed to hold a fourth round of indirect nuclear talks with the United States on Sunday in Oman.
Ukraine's security service says it has detained two alleged Hungarian spies accused of gathering military intelligence in the Zakarpattia region, near the shared border.
Ukrainian President Volodymyr Zelenskyy announced that leaders of the "coalition of the willing" will meet in Kyiv on Saturday, as Europe weighs its long-term security role in Ukraine's future.
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