South Korean President Lee Jae-myung has warned that a U.S. demand for South Korea to invest US $350 billion in a joint fund could destabilise the nation’s economy. He said such a commitment, without safeguards, risks triggering a financial crisis similar to past economic shocks. What the

The United States has warned that a 25% tariff on key South Korean exports will come into effect on August 1 unless a new trade agreement is reached. The move is part of Washington’s renewed push to renegotiate economic terms with key allies, reigniting trade tensions between the two countries. Seoul Races to Avoid Economic […]