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Trump’s broad tariffs now in effect. Here’s what you need to know
Trump has continued to promote tariffs as a path to reducing the trade deficit. However, many importers sought to avoid the taxes by importing more goods before the taxes went into effect. As a result, the $582.7 billion trade imbalance for the first half of the year was 38% higher than in 2024.
The U.S. has begun officially levying higher taxes on imports from dozens of countries Thursday, four months after President ...
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South Korea says its key chipmakers are exempt from 100% tariffsSouth Korea’s trade minister said Samsung Electronics and SK Hynix won’t be subject to 100% U.S. tariffs on semiconductor ...
Trump reached a deal with South Korea last week, and earlier with the European Union, Japan, Indonesia, and the Philippines.
South Korea's top trade envoy Yeo Han-koo said on Thursday that Samsung Electronics and SK Hynix will not be subject to 100% ...
The U.S.-Korea alliance is no longer defined solely by military bases and defense treaties. It is being redefined in ...
President Donald Trump announced a new trade deal with South Korea, which calls for 15% tariffs on goods from there.
Stocks are rising on Wall Street, even as President Donald Trump's latest tariffs take effect on dozens of countries.
SEOUL (Reuters) -Shares in South Korean chipmaker SK Hynix fell 3.1% in early Thursday trade, after President Donald Trump ...
SEOUL, Aug 5 (Reuters) - South Korea will prepare measures to help companies cope with higher U.S. tariffs and expand into ...
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