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Customs Agency Launches Special Unit to ‘Preemptively’ Respond to U.S. Tariff Impact

Customs Agency Launches Special Unit to ‘Preemptively’ Respond to U.S. Tariff Impact

SEOUL, March 28 (Korea Bizwire) — The Korea Customs Service (KCS) said Friday it has launched a special unit to “preemptively” protect domestic companies from potential fallout due to the latest tariff measures by the U.S. administration. The team aims to minimize anticipated disruptions stemming from U.S. President Donald Trump’s planned reciprocal tariffs, which are [...]

S. Korea Says Will Work for Prompt Repatriation of 2 N. Koreans Found Adrift near Border

S. Korea Says Will Work for Prompt Repatriation of 2 N. Koreans Found Adrift near Border

SEOUL, March 28 (Korea Bizwire) — South Korea will work toward the prompt and safe repatriation of two North Koreans who were found adrift in waters south of the inter-Korean maritime border earlier this month, the unification ministry said Friday. “(The government) will have consultations with related bodies for the North Korean residents’ prompt and [...]

S. Korea Calls for All Countries to Submit Climate Action Plans

S. Korea Calls for All Countries to Submit Climate Action Plans

SEOUL, March 27 (Korea Bizwire) — South Korea has called for all countries to submit their action plans for reducing gas emissions to tackle climate change, highlighting the need to speed up the implementation of the shared international goal under the Paris Agreement. Chung Kee-yong, ambassador for climate change, made the call at the 16th [...]

As Global Temperatures Rise, South Korea Confronts Escalating Wildfires and Food Price Shocks

As Global Temperatures Rise, South Korea Confronts Escalating Wildfires and Food Price Shocks

SEOUL, March 27 (Korea Bizwire) — With the Earth’s average temperature now 1.5 degrees Celsius higher than pre-industrial levels, climate change is no longer a distant threat but a force reshaping daily life in South Korea and around the world. Wildfires are becoming larger, more frequent, and less predictable. According to Korea’s National Forest Service, the [...]

Trump’s 25% Auto Tariffs Set to Hit Korean Car Exports Hard, Risking Economic Fallout

Trump’s 25% Auto Tariffs Set to Hit Korean Car Exports Hard, Risking Economic Fallout

SEOUL, March 27 (Korea Bizwire) — U.S. President Donald Trump’s recent announcement to levy 25 percent tariffs on all imported vehicles next month is expected to deal a heavy blow to South Korean carmakers, which largely depend on shipments to the United States, analysts said Thursday. Trump signed a proclamation to impose the new tariffs [...]

S. Korea’s Potential Participation in Alaska LNG Project to Look ‘Favorably’ in Tariff Talks with U.S.: Dunleavy

S. Korea’s Potential Participation in Alaska LNG Project to Look ‘Favorably’ in Tariff Talks with U.S.: Dunleavy

SEOUL, March 27 (Korea Bizwire) — South Korea’s possible participation in the Alaska liquefied natural gas (LNG) project will likely be viewed “favorably” in tariff negotiations with the Donald Trump administration, Alaska’s governor has said. Alaska Gov. Mike Dunleavy made the remarks in a roundtable interview with Yonhap News Agency and other news outlets on [...]

N. Korea Presumed to Send at least 3,000 More Troops to Russia: JCS

N. Korea Presumed to Send at least 3,000 More Troops to Russia: JCS

SEOUL, March 27 (Korea Bizwire) — North Korea appears to have additionally dispatched at least 3,000 soldiers to Russia in January and February in support of Moscow’s war against Ukraine, South Korea’s military said Thursday. The assessment came amid concerns that North Korea and Russia’s deepening military alignment could lead to Moscow transferring advanced arms [...]

N. Korea Releases Photos of What Appears to Be Airborne Control Aircraft for 1st Time

N. Korea Releases Photos of What Appears to Be Airborne Control Aircraft for 1st Time

SEOUL, March 27 (Korea Bizwire) — North Korea on Thursday disclosed what appears to be an airborne early warning and control aircraft for the first time and said leader Kim Jong-un supervised tests of “suicide attack drones” equipped with artificial intelligence (AI) technology. The Korean Central News Agency (KCNA) published photos of the airplane while [...]