South Korea Passes $350 Billion U.S. Investment Law
#SouthKoreaTrade #USInvestmentsSouth Korean lawmakers passed a law establishing a corporation to manage a $350 billion U.S. investment pledge. This aims to avoid higher Trump-era tariffs amid ongoing trade tensions and investigations. The bill passed overwhelmingly despite domestic opposition. read more
South Korea seeks exemption from Trump's aggressive tariff plans
#SouthKoreaTrade #USDonaldTrumpTariffsSouth Korea requests exemption from proposed U.S. tariffs, highlighting low duties under current trade agreement. Despite concerns from economic think tank about potential impact on national economy, officials are strategizing on how to communicate South Korea's position to U.S. read more