Amid the fallout of the US administration’s latest tariff on all steel imports, the South Korean government is facing criticism for its “lax” countermeasures to an issue that is likely to cause multitrillion won losses to local industries over the ... Read More
South Korea's trade minister on Friday expressed regret over the decision by the United States to slap stiff tariffs on steel imports, saying the nation will consider filing a complaint with the World Trade Organization if it is not exempted. ... Read More
WASHINGTON -- US President Donald Trump on Thursday signed a 25 percent tariff on steel imports that is certain to add pressure on South Korean exports. Trump signed two proclamations -- one for steel and another for a 10 percent ... Read More
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
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 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