Japan, South Korea scramble
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The pause on the biggest of Trump's tariffs won't end this week, but the president continues to pledge steep new duties against major countries.
Asia-Pacific markets are set to trade mixed on Thursday after U.S. President Donald Trump announced that the U.S. will slap a 50% tariff on Brazilian imports beginning August 1.
Trump posts letters to Japan, South Korea outlining 25% tariff rate President Trump posted two nearly identical letters addressed to the leaders of Japan and South Korea outlining new tariff rates ...
The 25% tariffs on South Korea and Japan are in line with the so-called "reciprocal" rates Mr. Trump had announced when he unveiled country-specific duties on April 2.
President Donald Trump announced on Monday that he is levying tariffs against South Korea and Japan beginning in August. Trump
Trump posts letters to Japan, South Korea outlining 25% tariff rate President Trump posted two nearly identical letters addressed to the leaders of Japan and South Korea outlining new tariff rates ...
Korean Air reported on Friday a fall of 4% in cargo revenue for the second quarter of its financial year, pointing to market volatility stemming from U.S. tariff policies. South Korea's largest airline is also one of Asia's largest cargo carriers and has benefited in recent years from rising volumes of e-commerce out of China.
The Korea Customs Service has nabbed two local companies on charges of illegally exporting steel products to the European Union (EU) without paying tariffs.