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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
Trump Says Wants to Revive Steel Industry even if it Takes Import Tariffs
U.S. President Donald Trump has reaffirmed his intent to impose new tariffs on imports of aluminum and steel. In a meeting with state governors at the White House on Monday, Trump said he wants to bring the steel industry back ... Read More
Winter Olympics Raised South Korea GDP by 0.2%p in Q1
The PyeongChang Winter Games are believed to have raised the nation's GDP growth by zero-point-two percentage points in the first quarter. According to the presidential office on Friday, the Bank of Korea and the Finance Ministry estimate that the Olympics ... Read More
Neraca Perdagangan Surplus, Pertumbuhan Ekonomi RI Bakal Melonjak
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‘Critical’ economic momentum eyed for sustainable growth: finance minister
South Korea's economy needs critical growth momentum to mount a sustainable expansion going forward, the country's chief economic policymaker said Wednesday, stressing that innovative growth is crucial in that context. In a speech to businessmen, Finance Minister Kim Dong-yeon said Asia's fourth-largest economy is ... Read More