South Korea seeks exemption from US tariffs
South Korea is pushing for an exemption from new US tariffs. Industry Minister Ahn Duk-geun recently traveled to Washington, DC, to discuss the issue with top US officials. Ahn met with US Commerce Secretary Howard Lutnick, Interior Secretary Doug Burgum, and US Trade Representative Jamieson Greer. He asked for South Korean companies to be spared […]
Donald Trump sparks tariff trade war as EU threatens ‘firm and proportionate’ retaliation to US steel levies
Donald Trump has started a new trade conflict by placing higher tariffs on steel and aluminum imports. The European Union (EU) strongly opposes the move and has promised to respond with strict measures. Ursula von der Leyen, the European Commission President, criticized Trump’s decision, calling the tariffs unfair. She made it clear that the EU […]