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South Korea, Trump and tariffs

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Reuters |
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 confront...
Wall Street Journal |
President Trump announced a sweeping new tariff plan at a Rose Garden ceremony, a stark shift in U.S. trade policy.
SFGate |
World leaders are reacting with dismay, threats of countermeasures and calls for swift negotiations to make trade rules fairer in response to the sweeping new tariffs announced by U.S. President Donal...

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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.
China, Japan, And South Korea Are Joining Forces To Fight Trump Tariffs | Details
China, Japan, and South Korea agreed to a joint response to US tariffs after their first economic dialogue in five years. They plan to strengthen supply chains, cooperate on export controls, and pursue a free trade agreement.
Trump Unveils Sweeping Tariffs in Stark Shift in Trade Policy
President Trump announced new tariffs, including a 35% reciprocal tariff on China. Dow, S&P 500 and Nasdaq futures tumbled on the news. Follow along for live updates.
Trump's reciprocal tariffs announcement shakes up global trade
Follow live updates and the latest news on Trump’s tariffs, including market reactions to his administration's new trade policy as it rolls out.
Trump launches tariffs, saying global trade has ‘looted, pillaged, raped, plundered’ US economy
After weeks of White House hype and public anxiety, President Donald Trump is set Wednesday to announce a barrage of self-described reciprocal tariffs on friend and foe alike.
The Latest: Markets plunge as Trump tariffs deliver shock waves to world economy
World leaders are reacting with dismay, threats of countermeasures and calls for swift negotiations to make trade rules fairer in response to the sweeping new tariffs announced by U.S. President Donald Trump.
Trump Unveils Global Reciprocal Tariffs
President Donald Trump on Wednesday unveiled global reciprocal tariffs during an event at the White House. Following are highlights of Trump's remarks: * "In many cases, the friend is worse than the foe in terms of trade,
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.

China retaliates against Trump with 34% tariff on US goods

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The New York Times |
President Trump unveiled his most expansive tariffs to date on Wednesday, drawing quick promises of retaliation from allies who warned of a trade war that could upend the global economy.
Reuters |
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 t...
Reuters |
"It's an all-round blockade against China," said Yuan Yuwei, hedge fund manager at Water Wisdom Asset Management, who said he was bullish on gold and shorting China and Hong Kong stocks as a result.

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Highlights: Trump Imposes Vast Global Tariffs
A 10 percent tariff will apply to all countries, but trading partners like China, Japan and Europe will face rates two and three times as high.
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's tariffs stoke global trade war as China, EU vow response
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.
China vows to counter Trump’s ‘bullying’ tariffs as global trade war escalates
China has vowed to hit back after President Donald Trump announced major new tariffs on its exports to the United States as part of his radical overhaul of a century of American global trade policy.
Trump's tariffs on China, EU and more, at a glance
US President Donald Trump announced a sweeping new set of tariffs on Wednesday, arguing that they would allow the United States to economically flourish. These new import taxes, which Trump imposed via executive order,
Trump's global tariffs hurt China with 'all-round blockade'
Chinese outdoor furniture maker Jin Chaofeng set up a factory in Vietnam last July to escape higher U.S. tariffs. Now he is looking to close it, as Washington imposes steep levies on Hanoi and the rest of the world.
China Will Face at Least 54 Percent Tariffs With Trump’s New Order
The 34 percent tariff announced on Wednesday is in addition to two rounds of import taxes the president already imposed since January.
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.
What’s Happening With Trump Tariffs? Updates for April 2025
April 2, 2025: Trump's Tariff' Liberation Day": Trump announces sweeping tariffs on almost all countries at half the rate the administration claims they charge the U.S. Some Senate Republicans join Democrats in a vote to invalidate Trump's tariffs on Canada.
Trump's tariffs are hitting China's friends hard — and giving Beijing a golden opportunity
Cambodia, Laos, and Myanmar were hit with tariffs of 49%, 48%, and 44% respectively.
The Independent3d
China, Japan, South Korea mulling joint response to Trump tariffs, Chinese state media says
From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or ...
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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