When President Donald Trump last rolled out tariffs this high, financial markets quaked, consumer confidence crashed and his popularity plunged.

August 1st, they pay and everybody pays. Everybody has to pay,” said President Donald Trump regarding the new tariff rates he ...

The administration's missives reupping — but also delaying — his tariff threats are further souring the mood toward the US ahead of Secretary of State Marco Rubio's trip to the region.

RBA STUNS MARKETS The standout performer among the major currencies on Tuesday was the Aussie dollar, which rose more than 1% in response to the RBA's surprise decision to leave rates unchanged. It ...

South Korea's exports rose 4.3 percent from a year earlier to $59.8 billion thanks to strong global demand for semiconductors.

South Korea reiterated its call to be exempted from US tariffs including duties affecting key industries such as cars and steel, Trade Minister Yeo Han-koo said after his first meeting with US ...

SEOUL, South Korea — South Korea’s central bank cut its key interest rate and sharply lowered its growth outlook for the country’s economy in 2025, as it moved Thursday to counter U.S ...

Japan's percentage of sales has actually decreased in recent years, while South Korea's exports and sales have continued to rise from less than 845,000 in 2019 to more than 1.37 million in 2024.

How South Korea’s next president wants to deal with Trump and his tariffs A currency trader works at the foreign exchange dealing room of KEB Hana Bank headquarters in Seoul last month.

South Korea faces a 25% reciprocal tariff rate as well as product-specific duties of 25% for steel, aluminum and automobiles — all of which are major exports.

South Korea's trade-dependent economy is exposed to higher U.S. tariffs, which include a 25% levy on all vehicles shipped to the U.S. since early April and a separate 25% tariff on steel and ...