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Korea faces 40 import restrictions from US in Feb

Korea faced far more import restrictions from the United States than any other country in February amid Washington's growing trade pressure on its ally, a trade body said Wednesday. Asia's fourth-largest economy was subject to 196 import regulations from the ... Read More

Seoul all out to counter US 25% tariff on steel imports

South Korea is making last-minute struggles this week to exempt itself from the US government’s impending steel tariff which would strike a heavy blow to steel producers here and the nation’s export-dependent economy. Unlike other major steel exporting states such ... Read More

US beef regains No. 1 place in Korean imported beef market: data

US beef imports shot up significantly last year, beating Australian meat to regain its No. 1 status in the Korean market for the first time in 14 years, industry data showed Monday. Korea imported 177,000 tons of US beef last ... Read More

Ekonomi Korsel Dipengaruhi Unsur Buruk dari AS

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Pemerintah Korsel Membahas Keputusan AS tentang Penerapan Bea Mask terhadap Produk Besi

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Trump to Impose 25% Tariffs on Steel Imports

U.S. President Donald Trump said that he will sign a measure next week imposing 25 percent tariffs on steel and ten percent tariffs on aluminum imports. Trump made the announcement on Thursday in a meeting with U.S. steel and aluminum ... Read More

S. Korean Exports Continue to Grow for 16th Month

South Korean exports continued to grow in February despite a high base effect and fewer working days due to the Lunar New Year holiday. The Ministry of Trade, Industry and Energy said Thursday that outbound shipments last month grew four ... Read More

Business Sentiment Drops for Second Month in February

South Korean firms' business sentiment worsened for the second consecutive month in February. According to the Bank of Korea(BOK) on Wednesday, the nation's business survey index(BSI) for February came to 77, down one point from January. The monthly index increased ... Read More