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South Korea, tariff

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South Korea is preparing an emergency response to address the potential impact of U.S. tariffs on automobiles after U.S. President Donald Trump proposed a 25% tariff on all vehicles not manufactured i...
From Seeking Alpha
Trump presented the import taxes, which he calls “reciprocal tariffs” and range from 10% to 49%, in the simplest terms: the U.S. would do to its trading partners what he said they had been doing to th...
From Yahoo
Market futures started tumbling down immediately after President Donald Trump’s announcement of far-reaching tariffs.
From Yahoo

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Analysis-In leaderless South Korea, Trump's tariffs will overshadow snap election
With a snap election looming, South Korea's rival parties jockeyed for position with vows to focus on the economy and livelihood, but the leaderless country remains hamstrung when it comes to confronting the biggest threat: Trump and tariffs.
South Korea prepares 'all-out' response to US tariff hike
South Korea's acting president Han Duck-soo ordered on April 3 an "all-out" response to the United States' higher-than-expected reciprocal tariffs on imports from the country.
South Korea holds emergency meeting with carmakers over U.S. tariffs
South Korea is preparing an emergency response to address the potential impact of U.S. tariffs on automobiles after U.S. President Donald Trump proposed a 25% tariff on all vehicles not manufactured in the U.
The Latest: Key US trading partners and global officials react to Trump's new tariffs
The new tariffs announced Wednesday by U.S. President Donald Trump were met initially with measured reactions from key trading partners, highlighting the lack of appetite for a full-fledged trade war.
World leaders react to Trump's tariffs
Trump is not imposing his new 10% global tariff rate on goods from top trading partners Canada and Mexico while his previous order remains in place for up to 25% tariffs on many goods from the two countries over border control and fentanyl trafficking issues,
Donald Trump rolls out sweeping tariffs while promising to free the US
President Donald Trump announced sweeping new tariffs in a move that could raise prices on everything from housing to cars to groceries.
Wall Street reacts to Trump’s sweeping new tariffs
Market futures started tumbling down immediately after President Donald Trump’s announcement of far-reaching tariffs.
Trump's tariffs stoke global trade war as China, EU hit back
President Donald Trump's move to slap a 10% tariff on most goods imported to the United States, as well as much higher levies on dozens of rivals and allies alike, has intensified a global trade war that threatens to stoke inflation and stall growth.
South Korea Rushes to Aid Affected Businesses After Trump's Tariff Plans
Trump's announcement followed separate 25% U.S. tariffs on imported vehicles and parts introduced last week. Han instructed Ahn to scrutinize the reciprocal tariff before actively engaging in follow-up negotiations with the U.

China retaliates against Trump with 34% tariff on US goods

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Wall Street tumbled to its worst day since the pandemic yesterday in response to President Trump’s major round of tariffs on U.S. imports, as countries reeling from the blow weighed countermeasures.
From The New York Times
President Donald Trump's move to impose sweeping tariffs on U.S. imports sparked threats of retaliation on Thursday, as companies and governments rushed to count the costs from an escalating trade wa...
From Reuters
Sweeping tariffs imposed by U.S. President Donald Trump on Wednesday are set to increase prices of cannabis products in the country, as many firms rely on Asia for manufacturing.
From Reuters

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Friday Briefing: Trump’s Tariffs Rattle the Markets
Springsteen announced yesterday that he would release “Tracks II: The Lost Albums” in June. Of the 83 songs featured on these seven albums, 74 have never been released in any form. Among them are working tapes from Springsteen’s fruitful period before “Born in the U.S.A.” and a hip-hop-influenced album from the early 1990s.
China imposes 34% tariffs on all US goods in response to Trump. Who pays for tariffs?
China announced that it will impose reciprocal tariffs on all United States imports. Who pays these taxes? Will it affect you?
China vows ‘firm countermeasures’ to Trump tariffs; Asian markets fall
Trump increased the blanket tariff on Chinese imports to 54 percent and imposed new duties on major trading partners including Japan, South Korea and Taiwan.
Trump stokes trade war as world reels from tariff shock
President Donald Trump's move to impose sweeping tariffs on U.S. imports sparked threats of retaliation on Thursday, as companies and governments rushed to count the costs from an escalating trade war that threatens to shake up global alliances.
Trump to charge high tariffs on 'worst offenders' globally
President Donald Trump has announced new import taxes on all goods entering the US, in the biggest upheaval of the international trade order since the aftermath of World War Two. His plan sets a baseline tariff of 10% on all imports,
China hits back at Trump with 34% tariff on U.S. imports
The move came two days after President Donald Trump imposed the same tariff on all Chinese imports, bringing the total U.S. tariff on Chinese goods to at least 54%.
High just got higher: Trump tariffs to raise prices for US cannabis users
Sweeping tariffs imposed by U.S. President Donald Trump on Wednesday are set to increase prices of cannabis products in the country, as many firms rely on Asia for manufacturing. The latest levies will stack up on any duties imposed earlier on countries like China,
Donald Trump escalates global trade war with sweeping tariff blitz
EU warns of ‘major blow’ to global economy as US president reveals plans for 10% universal levies and higher ‘reciprocal’ duties
China urges US to immediately lift tariffs, vows retaliation
China on Thursday urged the United States to immediately cancel its latest tariffs and vowed countermeasures to safeguard its own interests, after President Donald Trump declared sweeping levies on U.
China Says It Is Aiming to Coordinate Tariff Response With Japan, South Korea
China is seeking to coordinate its response to U.S. tariffs with Japan and South Korea, Chinese state media said.
EconoTimes1d
South Korea Scrambles to Mitigate Impact of Harsh U.S. Tariffs on Exports
South Koreas acting President Han Duck-soo has ordered emergency support measures for industries affected by sweeping new U.S. tariffs, including a 25% tariff on Korean automobile exports. The move follows President
China, Japan, South Korea will jointly respond to US tariffs, Chinese state media says
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", while Tokyo said there was no such discussion.
Tempo.co English2h
Today's Top 3 News: South Korean Court Impeaches Yoon Suk Yeol, 5 Countries Caught in U.S. Trade Wars
TEMPO.CO, Jakarta - Tempo English compiled the top 3 news on Friday, April 4, 2025. Here are the highlights: South Korean Court Officially Impeaches President Yoon Suk Yeol; Rupiah Weakens to Rp16,772 per US Dollar: What's Driving the Decline?; From Tariffs to Tensions: 5 Countries Caught in U.S. Trade Wars.
China, Japan and South Korea Agrees on Joint Response to Trump’s Reciprocal Tariffs, Chinese State Media Says
TMTPOST -- China, Japan and South Korea officials overseeing economic and trade affairs reached a consensus that three countries should work in close collaboration in response to U.S. President Donald Trump’s sweeping reciprocal tariffs, according to Yuyuan Tantian, a social media account affiliated with China Central Television (CCTV).
Some U.S. trading partners plan countermeasures in response to tariffs
U.S. trading partners reacted from a range of relief to anger after President Donald Trump imposed tariffs on trading partners.
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