Korea Joongang Daily
Korea JoongAng Daily

Korea, U.S. agree to advance pan-gov't shipbuilding cooperation with NSCs taking central role

Senior security officials of Korea and the United States agreed Friday to advance pan-government cooperation in the shipbuilding sector with the two countries' National Security Councils (NSCs) at the center of the efforts, Seoul's NSC said.

2025-04-26

Trump says tariff talks will be finished over 'next three to four weeks'

U.S. President Donald Trump has said that tariff talks with scores of countries will be finished "over the next three to four weeks," claiming he has already made 200 deals.

2025-04-26

Korea, U.S. agree on achieving 'expedient, meaningful' progress toward 'reciprocal' trade: USTR

The Office of the U.S. Trade Representative (USTR) said Friday that Korea and the United States agreed to seek "expedient and meaningful" progress toward "reciprocal and balanced" trade during a bilateral meeting in Washington the previous day.

2025-04-26

U.S. throws currency curveball at Korea in tariff talks

The Korean delegation sent to Washington for negotiations on tariffs was thrown a curveball with a push to add currency policy to the agenda, but the U.S. side seemed impressed with Seoul's approach in the talks.

2025-04-25

Supreme Court overturns Lone Star's $117 million tax compensation ruling

The Korean Supreme Court has overturned a lower court ruling that had ordered the Korean government and the Seoul Metropolitan Government to refund 168.2 billion won ($117 million) in taxes to U.S.-based private equity firm Lone Star.

2025-04-25

Korea, U.S. aim to finalize tariff deal by July 8 following 'amicable' talks

Korea and the United States agreed to draw up a joint tariff-related deal, dubbed the July Package, by July 8, with a focus on four negotiation areas: tariff and nontariff measures, economic security, investment cooperation and currency policy.

2025-04-25

Complacency in Korea is leading to a brain drain to China

Korea's top scientists are being lured to China as the evironment back home makes little effort to keep its top talent.

2025-04-24

Acting president asks ex-U.S. gov't officials to support tariff talks

Acting President Han Duck-soo urged former U.S. government officials to support ongoing tariff discussions during a meeting in Seoul on April 22, highlighting the importance of collaboration in international trade matters.

2025-04-24

Korean economy contracts in Q1 on weak domestic demand and exports

Korea’s economy contracted in the first quarter of 2025, as sluggish domestic demand and weakening exports weighed on growth, according to data released by the Bank of Korea (BOK) on Thursday.

2025-04-24

Korea's GDP shrinks 0.2% in Q1: BOK

The Korean economy posted negative growth for the first time in about a year in the first quarter of 2025 amid a domestic political crisis and uncertainty stemming from the Donald Trump administration's sweeping tariff scheme.

2025-04-24