Iran opens first phase of largest solar power plant in Isfahan
Iran has opened the first phase of its largest solar power plant as part of a major government programme to expand renewable energy capacity....
South Korea’s customs agency has uncovered a surge in efforts to falsely label foreign goods—mostly from China—as South Korean exports in an attempt to bypass steep U.S. tariffs introduced by President Donald Trump, officials said Monday.
The Korea Customs Service (KCS) announced it has detected 29.5 billion won (approximately $20.81 million) in origin-related violations during the first quarter of this year, with 97% of the illicit shipments headed for the United States. This sharp uptick comes amid growing concerns about foreign companies exploiting South Korea’s trade ties with the U.S. to evade punitive tariffs.
The latest figure is already approaching the 34.8 billion won total for all of 2024, when U.S.-bound shipments made up 62% of violations. According to KCS investigation planning director Lee Kwang-woo, the surge in violations follows patterns seen during Trump’s first presidency, when similar tactics were used to sidestep trade restrictions.
“Disguised export attempts increased under Trump’s previous administration, and we expect a comparable trend this time,” Lee said during a press briefing. He added that the KCS had acted preemptively in conducting a special investigation last month, anticipating greater risk as Trump’s tariff policy took effect.
South Korea, a key U.S. ally and party to a free trade agreement with Washington, is seen as an attractive transshipment point for companies—particularly in neighboring China—looking to avoid U.S. trade barriers. On Monday, South Korean customs officials met with their American counterparts to coordinate joint investigations into such practices.
One example highlighted in the KCS report involved 3.3 billion won worth of cathode materials—key components in battery production—that were imported from China but falsely labeled as South Korean before being shipped to the U.S. These shipments took place in January, prior to Trump’s new tariff package but still aimed at dodging existing high U.S. duties on Chinese goods.
President Trump, who began his second term in January, has reintroduced aggressive trade policies, including a 25% tariff on South Korean goods—though this has been temporarily suspended for three months. Meanwhile, tariffs on Chinese imports have soared to 145% following escalating retaliatory measures that have drastically disrupted trade between the world's two largest economies.
South Korean authorities say they will continue to crack down on attempts to exploit the country’s favorable trade status, particularly as global supply chains shift in response to evolving geopolitical tensions.
A series of earthquakes have struck Guatemala on Tuesday afternoon, leading authorities to advise residents to evacuate from buildings as a precaution against possible aftershocks.
A deadly mass shooting early on Monday (7 July) in Philadelphia's Grays Ferry neighbourhood left three men dead and nine others wounded, including teenagers, as more than 100 shots were fired.
Australian researchers have created a groundbreaking “biological AI” platform that could revolutionise drug discovery by rapidly evolving molecules within mammalian cells.
Dozens of international and domestic flights were cancelled or delayed after Mount Lewotobi Laki Laki erupted on Monday, but Bali’s main airport remains operational.
French member of parliament Olivier Marleix was found dead at his home on Monday, with suicide being considered a possible cause.
UK authorities have raised an amber heat health alert for much of southern England, warning that the ongoing heatwave could lead to a rise in deaths.
Floods driven by climate change are raising the danger of long-banned toxic chemicals resurfacing in rivers, soil, and food chains, according to a new UN Environment Programme (UNEP) report.
Israel is expected to submit a new withdrawal map today during ongoing ceasefire negotiations in Doha, Qatar, as talks face challenges over the size of the buffer zone around Gaza.
Widespread wildfires have engulfed the Alawenat Oasis in southwestern Libya, with flames spreading into residential areas and causing panic among local communities, according to state media.
North Korean leader Kim Jong Un has reaffirmed his “unconditional support” for all actions taken by Russia to resolve the Ukraine war, during a meeting with Russian Foreign Minister Sergei Lavrov, according to North Korean state media.
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