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U.S. tariff News

KIET Forecasts 1.9% Drop in Korea's Exports Due to New 15% U.S. Tariff Impact

James Carter 13 Aug, 2025

KIET predicts a 1.9% drop in Korea's exports due to new U.S. tariffs, with significant impacts on automobiles and machinery sectors. Despite the challenges, potential shifts in the...

Economy

South Korea Mobilizes All Resources as U.S. Imposes 25% Tariff: A Global Trade War Looms

Olivia Carter 03 Apr, 2025

South Korea's acting president Han Duk-soo has ordered a full mobilization of resources to counter the U.S. imposition of a 25% tariff on Korean goods, highlighting the potential f...