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South Korea to step up US trade talks before tariffs kick in on Aug 1

South Korea to step up US trade talks before tariffs kick in on Aug 1

SEOUL – South Korea said it planned to intensify trade talks with the US and considered President Donald Trump’s plan for a 25 per cent tariff from Aug 1 as effectively extending a grace period on implementing reciprocal tariffs. US Secretary of...

South Korean won, Thai baht firm on hopes US trade deals still salvageable

South Korean won, Thai baht firm on hopes US trade deals still salvageable

The South Korean won and Thai baht rebounded on Tuesday after President Donald Trump confirmed their US tariff rates would remain unchanged until August 1, giving both countries more time to negotiate and secure better trade deals. The won...

South Korean Economy In Doldrums Amid Weak Domestic Demand, US Tariff Uncertainty

South Korean Economy In Doldrums Amid Weak Domestic Demand, US Tariff Uncertainty

(MENAFN- IANS) Seoul, July 8 (IANS) The South Korean economy remains subdued amid weak domestic demand and worsening external uncertainties stemming from the United States' aggressive tariff policy, among other factors, a state-run think tank said...

South Korean Household Surplus Funds Climb for Third Quarter

South Korean Household Surplus Funds Climb for Third Quarter

(MENAFN) South Korean household surplus funds climbed for the third consecutive quarter, driven by increased deposits and securities holdings, Bank of Korea (BOK) data revealed Tuesday. Net surplus funds—calculated as financial assets minus...

South Korea faces no-win dilemma over China’s Victory Day invitation

South Korea faces no-win dilemma over China’s Victory Day invitation

How Seoul handles Beijing’s invitation could reshape perceptions among allies and adversaries alike, experts say President Lee Jae-myung's decision on whether to attend China’s Sept. 3 Victory Day celebrations risks being interpreted as a shift in...

Seoul vows to step up negotiations as Trump announces 25% tariffs on goods from Japan, South Korea

Seoul vows to step up negotiations as Trump announces 25% tariffs on goods from Japan, South Korea

WASHINGTON – President Donald Trump on July 7 began telling trade partners - from powerhouse suppliers like Japan and South Korea to minor players - that sharply higher US tariffs will start August 1, marking a new phase in the trade war he...

South Korea’s Euro-Denominated Sovereign Bonds Draw Record Demand in London Debut

South Korea’s Euro-Denominated Sovereign Bonds Draw Record Demand in London Debut

Seoul’s Euro-Denominated Sovereign Bonds Surge on Global Demand (Image supported by ChatGPT) SEJONG, July 7 (Korea Bizwire) — South Korea’s latest euro-denominated foreign exchange stabilization bond (FESB) offering in London has garnered...

South Korean markets gain after new Donald Trump’s tariff deadline; Kospi, Kosdaq rise

South Korean markets gain after new Donald Trump’s tariff deadline; Kospi, Kosdaq rise

South Korean stock market traded higher on Tuesday, mirroring gains across broader Asian markets, as investors weighed the potential impact of US President Donald Trump’s tariff threats on 14 trading partners, including Japan and South Korea. The...

Donald Trump Warns Japan & South Korea, 25% US Tariffs To Begin August 1

Donald Trump Warns Japan & South Korea, 25% US Tariffs To Begin August 1

Trump Sends Letters, Plans New Tariffs on Japan and South Korea | Image Generated by Grok. | Washington: US President Donald Trump has announced that he will start charging 25 percent import tax (tariff) on goods coming from Japan and South Korea...

World : South Korea To Hold Response Meeting As Trump Unveils Tariffs, Extends Deadline

World : South Korea To Hold Response Meeting As Trump Unveils Tariffs, Extends Deadline

SEOUL, July 8 (Bernama-Yonhap) -- The South Korean presidential office said it will hold a response meeting with relevant ministries on Tuesday to discuss measures for tariff negotiations with the United States, as US President Donald Trump said...

Global Stocks Tumble As Trump Slaps New Tariffs On Japan, South Korea, Others

Global Stocks Tumble As Trump Slaps New Tariffs On Japan, South Korea, Others

U.S. equity markets experienced a sharp decline on Monday following President Donald Trump’s unexpected announcement of a sweeping round of tariffs targeting key trade partners, including Japan, South Korea, and South Africa. The Dow Jones...

world Japan, South Korea hit with 25% tariffs as Trump ramps up trade war in letters to leaders

world Japan, South Korea hit with 25% tariffs as Trump ramps up trade war in letters to leaders

WASHINGTON/BRUSSELS — US President Donald Trump on Monday (July 7) began telling trade partners — from powerhouse suppliers like Japan and South Korea to minor players — that sharply higher US tariffs will start Aug 1, marking a new phase in the...

Japan, South Korea face 25% tariffs as Trump ramps up trade war in letters to 14 nations

Japan, South Korea face 25% tariffs as Trump ramps up trade war in letters to 14 nations

WASHINGTON/BRUSSELS - U.S. President Donald Trump on Monday ramped up his trade war telling 14 nations, from powerhouse suppliers such as Japan and South Korea to minor trade players, that they now face sharply higher tariffs from a new deadline...

Japan, South Korea face 25% US tariffs in trade war

Japan, South Korea face 25% US tariffs in trade war

US President Donald Trump has opened a new phase in the trade war he launched this year, telling partners, from powerhouse suppliers such as Japan and South Korea to minor players, that they face sharply higher tariffs from 1 August. The...

Trump imposes 25% tariffs on Japan, South Korea amid escalating trade war

Trump imposes 25% tariffs on Japan, South Korea amid escalating trade war

U.S. President Donald Trump has announced a new wave of tariffs, imposing a 25% levy on imports from key allies Japan and South Korea starting August 1, intensifying the trade war that has rocked global markets since April. The move, outlined in...

Trump says 25% tariffs to be slapped on Japan, South Korea on Aug. 1

Trump says 25% tariffs to be slapped on Japan, South Korea on Aug. 1

WASHINGTON - The United States will impose 25 percent tariffs on imports from Japan and South Korea starting Aug. 1, President Donald Trump said Monday, further ramping up pressure on the key U.S. allies to reduce trade barriers and compromise to...

Trump Imposes 25 Percent Tariffs on Japan, South Korea

Trump Imposes 25 Percent Tariffs on Japan, South Korea

(MENAFN) President Donald Trump announced Monday via social media that the United States will implement 25-percent tariffs on Japanese and South Korean imports effective August 1. Through letters directed to the South Korean president and Japanese...

Donald Trump to put 25 per cent tariffs on Japan, South Korea

Donald Trump to put 25 per cent tariffs on Japan, South Korea

Biz News Trump provided notice of the tariffs to begin on August 1 by posting letters on Truth Social that were addressed to the leaders of both countries (Pic: depositphotos) Washington: President Donald Trump on Monday placed a 25 per cent tax...

Japan, South Korea in Trump's firing line with China on the sidelines

Japan, South Korea in Trump's firing line with China on the sidelines

TOKYO/SEOUL -- Japan and South Korea found themselves in the firing line of U.S. President Donald Trump's tariff measures on Tuesday, threatened with 25% "reciprocal" tariffs unless they reach a trade deal with Washington by Aug. 1. Japan and...

‘Truly regrettable’: Trump slaps 25% tariffs on South Korea and Japan. What now?

‘Truly regrettable’: Trump slaps 25% tariffs on South Korea and Japan. What now?

US President Donald Trump’s surprise announcement of 25 per cent tariffs on imports from key trade partners including South Korea and Japan has been viewed less as a final blow and more as a high-stakes bargaining tactic. The move highlights...

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