South Korea aims to delay new U.S. tariffs, prioritizing economic stability amid trade tensions. Finance Minister Choi Sang-mok emphasized the importance of reducing uncertainty for export industries, while ongoing talks with the U.S. seek a mutually beneficial resolution.
South Korea is aiming to delay the implementation of new U.S. tariffs, prioritising national interest and economic stability amid mounting trade tensions. Finance Minister Choi Sang-mok told parliament that Seoul would push to postpone the tariffs “as much as possible” during negotiations with the U.S., seeking to reduce uncertainty for export-reliant industries.
U.S. President Donald Trump recently imposed sweeping tariffs, including 25% duties on steel, aluminium, and vehicles, hitting South Korea hard. Although a 90-day pause was introduced for some goods, key sectors remain affected. A snap presidential election on 3 June, following the ousting of Yoon Suk Yeol, has added political complexity.
Acting President Han Duck-soo has engaged in discussions with Trump and top U.S. officials, aiming to shape a mutually beneficial trade path. Talks have focused on potential cooperation in shipbuilding and South Korea’s participation in a U.S. gas pipeline project in Alaska.
As Seoul ramps up support for its semiconductor industry with a £23 billion package, concerns linger over Trump’s upcoming tariff announcement on chips. Trade Minister Ahn Duk-geun may travel to Washington next week for further negotiations, underlining Seoul’s diplomatic push to protect its global trade interests.
At least 164 people have been killed and 971 injured after powerful earthquakes struck Venezuela, Acting President Delcy Rodríguez said. The quakes c...
A worsening cholera outbreak and escalating violence are deepening Sudan's humanitarian crisis, with more than 700 suspected cholera cases and 105 dea...
The U.S. Senate rejected a resolution on Wednesday that would have directed President Donald Trump to remove U.S. forces from hostilities against Iran...
As Western Europe battles a deadly heatwave that has shattered temperature records, disrupted transport and power supplies, and forced the closure of ...
Russia is in talks with Kazakhstan over possible petrol imports after refinery disruptions tightened domestic fuel supplies, four industry sources tol...
A North Korean soldier has been taken into custody by South Korean forces after crossing the heavily guarded border between the two countries, in what officials believe may be a defection.
South Korea has announced it will accept North Korean prisoners of war captured by Ukrainian forces while fighting for Russia if they wish to relocate to the South, citing international law and opposition to forced repatriation.
Former South Korean justice minister Park Sung-jae has been sentenced to 25 years in prison for his role in former President Yoon Suk Yeol's failed attempt to impose martial law in December 2024.
World Cup action delivered impressive wins and late drama on 18-19 June. Mexico booked their place in the knockout stage as Group A winners, while Jonathan David's hat-trick inspired Canada to a 6-0 thrashing of Qatar.
Russia has called for clarification on whether U.S. President Donald Trump has changed his position on the war in Ukraine following remarks made at the recent G7 summit in Evian-les-Bains.
As Western Europe battles a deadly heatwave that has shattered temperature records, disrupted transport and power supplies, and forced the closure of schools and cultural landmarks, attention is turning to whether El Niño is playing a role in the extreme conditions.
Israel's defence minister said on Wednesday Israeli troops will not withdraw from southern Lebanon, highlighting a hurdle to Iran-U.S. peace talks, as the top U.S. diplomat tours the Middle East to win over allies sceptical about a proposed deal.
The U.S. Senate rejected a resolution on Wednesday that would have directed President Donald Trump to remove U.S. forces from hostilities against Iran unless Congress formally authorised military action.
U.S. President Donald Trump said that Iran had agreed to nuclear inspections into "infinity, despite Tehran's denials, and that unfrozen Iranian assets would be used to buy humanitarian supplies from the United States.
At least 164 people have been killed and 971 injured after powerful earthquakes struck Venezuela, Acting President Delcy Rodríguez said. The quakes caused widespread destruction around Caracas, collapsing buildings and trapping residents, with fears the toll could rise significantly.
A worsening cholera outbreak and escalating violence are deepening Sudan's humanitarian crisis, with more than 700 suspected cholera cases and 105 deaths reported in West Kordofan since mid-May, according to health authorities.
A severe heatwave sweeping across Europe has caused widespread disruption, with power outages reported in parts of France, emergency heat alerts issued in the United Kingdom and Spain, and growing pressure on energy and transport systems across the continent.
New developments linked to Jeffrey Epstein have brought renewed attention to his former associate Ghislaine Maxwell and billionaire Bill Gates. Maxwell is seeking to overturn her conviction, while Gates testified before Congress about his past interactions with the late financier.
An earthquake of magnitude 6.9 struck Japan's northeast coast on Thursday, but no tsunami warning was issued, no injuries were immediately reported and no irregularities were found at nuclear facilities, the authorities said.
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