SEOUL, March 13 (Korea Bizwire) — The U.S. beef industry has called on the Trump administration to push South Korea to ease its restrictions on American beef imports, drawing close attention from the South Korean livestock and distribution sectors. On March 12, the National Cattlemen’s Beef Association (NCBA) formally requested that the U.S. Trade Representative [...]
WASHINGTON, March 12 (Korea Bizwire) — The Trump administration’s imposition of tariffs on steel and aluminum imports widened its trade war across the globe on Wednesday, affecting South Korea and other U.S. trading partners and sending policymakers striving harder to minimize the duties’ ramifications on their industries. Sweeping 25 percent tariffs on steel and aluminum [...]
SEOUL, March 13 (Korea Bizwire) — A North Korean cargo ship suspected of smuggling out North Korean coal collided with a Chinese ship and sank in the Yellow Sea last month, according to a source familiar with the matter Thursday. The accident is believed to have left around 15-20 North Korean crew members dead. But [...]
SEOUL, March 13 (Korea Bizwire) — The trial of a Japanese right-wing politician accused of defacing a statue honoring World War II comfort women continues to face delays after 13 years, with the defendant failing to appear in court for the 27th time. Suzuki Nobuyuki, 60, was absent from his first scheduled trial at the Seoul [...]
WASHINGTON, March 11 (Korea Bizwire) — The U.S. nationwide cattlemen’s group asked the Trump administration Tuesday to help lift South Korea’s import ban on American beef from cattle aged 30 months or older, noting that similar curbs have been lifted in China, Japan and Taiwan. The National Cattlemen’s Beef Association (NCBA) sent its comments to [...]
WASHINGTON, March 10 (Korea Bizwire) – A White House official reiterated the United States’ commitment to the “complete” denuclearization of North Korea on Monday, after Pyongyang fired multiple ballistic missiles in its first known launch since U.S. President Donald Trump took office in January. “We’re aware of the missile launches and refer you to U.S. [...]
SEOUL, March 10 (Korea Bizwire) — North Korea on Monday urged Japan to investigate and apologize to Korean victims killed in the U.S. firebombing of Tokyo in 1945, near the end of World War II, a day before Japan is set to mourn the victims of the devastating air raid. The demand was issued by [...]
SEOUL, March 8 (Korea Bizwire) — As Europe navigates a rapidly changing security landscape, South Korean Foreign Minister Cho Tae-yul highlighted growing European interest in deepening cooperation with Seoul. Speaking to reporters in Paris on March 7, Cho emphasized that European nations increasingly recognize South Korea’s strategic value, particularly in security and defense. His remarks followed [...]
WASHINGTON, March 6 (Korea Bizwire) — Experts underscored the need Thursday to crank up diplomacy to pitch South Korea’s contribution to the U.S. economy to counter President Donald Trump’s apparently negative perception of the Asian ally as a trading partner, though the absence of leader-to-leader engagement remains an onerous hurdle to that effort. They advised [...]
SEOUL, March 7 (Korea Bizwire) — A North Korean soldier captured by Ukraine has said he used jamming guns to neutralize Ukrainian drones, a South Korean lawmaker who recently met the soldier said Friday, in a rare glimpse into the North’s battlefield tactic to aid Moscow’s war against Kyiv. Rep. Yu Yong-weon of the ruling [...]