Tag Archives: South Korea

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

ASEAN countries Face Higher Duties than neighbors

HANOI/JAKARTA/MANILA/KUALA LUMPUR – The recent conclusion of tariff negotiations between the United States and several Asian countries has revealed a stark disparity: while South Korea and Japan secured a reduced 15% import tariff into the U.S., ASEAN countries such as … Continue reading ASEAN countries Face Higher Duties than neighbors

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

Korean program series “BADA: Underwater World”

BERLIN – On May 16, the Korean Cultural Center in Berlin launched its new interactive program series “BADA: Underwater World”, inviting the public to explore the hidden underwater ecosystems of Korea’s seas. Exploring the “Forests of the Sea” South Korea’s … Continue reading Korean program series “BADA: Underwater World”