Japan, South Korea and reciprocal tariffs
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Reuters |
China, Japan and South Korea agreed to jointly respond to U.S. tariffs, a social media account affiliated with Chinese state media said on Monday, an assertion Seoul called "somewhat exaggerated", wh...
U.S. News & World Report |
Asian markets and U.S. futures tumbled Thursday following U.S. President Donald Trump’s announcement of big increases in tariffs on imports of goods from around the world.
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The comments came after the three countries held their first economic dialogue in five years. Read more at straitstimes.com.
Asian nations have been hit worst from US President Donald Trump’s tariffs, with 34% tariffs being imposed on China, 46% on Vietnam, 26% on India, and 26% on South Korea
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Yonhap News Agency on MSN(2nd LD) Trump unveils 10 pct 'baseline' tariff, 25 pct 'reciprocal' tariff on S. KoreaU.S. President Donald Trump announced plans Wednesday to impose a 10 percent "baseline" tariff on imports from all foreign countries, as well as "reciprocal" tariffs, including 25 percent duties for South Korea,
Yoon's leadership has polarized much of South Korean society after an attempt to declare martial law last year.
The trip was clearly intended to remove recurring questions on Taiwan, for which Congress last year approved the sale of $1 billion in arms and equipment.
At least 27 people have died in what have grown into the largest wildfires in South Korea's history. Most of those who have lost their lives were in their 60s and 70s - in other words, those who struggled to escape the fast-moving infernos.