U.S. and South Korea Seal New Trade Deal
GYEONGJU, South Korea –Â The United States and South Korea have reached a sweeping trade agreement that will lower tariffs and deepen bilateral investment, officials from both nations confirmed on Wednesday. The accord, announced following nearly two hours of talks between … Continue reading U.S. and South Korea Seal New Trade Deal
South Korea Launches Inquiry Into U.S. Raid
SEOUL / WASHINGTON — The South Korean government has announced a formal investigation into possible human rights violations following a sweeping U.S. immigration raid that detained hundreds of South Korean workers at a Hyundai-LG electric battery plant under construction in … Continue reading South Korea Launches Inquiry Into U.S. Raid
Arrests of Korean Workers Prompt Anger in Seoul
SEOUL/WASHINGTON – The detention of more than 300 South Korean engineers in the United States has sparked protests in Seoul and raised fresh questions about the strength of the U.S.–South Korea alliance, just weeks after both governments pledged deeper economic and … Continue reading Arrests of Korean Workers Prompt Anger in Seoul
Trump and South Korea Seal Tariff Deal: 15 percent
WASHINGTON/SEOUL — The United States and South Korea have reached a high-stakes trade agreement that defuses a potential tariff escalation and opens the door to significant South Korean investments in the U.S. economy. The deal, announced by former U.S. President … Continue reading Trump and South Korea Seal Tariff Deal: 15 percent
Tesla Locks In $16.5 B Deal with Samsung
AUSTIN/SEOUL – Tesla CEO Elon Musk confirmed today, July 28, that the automaker signed a staggering $16.5 billion chip supply agreement with Samsung Electronics, slated to run through 2033. Under the pact, Samsung’s new fabrication facility in Taylor, Texas, will produce … Continue reading Tesla Locks In $16.5 B Deal with Samsung