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S. Korea Working to Confirm Reports on Controversial Trump-Xi Remark

S. Korea Working to Confirm Reports on Controversial Trump-Xi Remark

SEOUL/BEIJING, Apr. 21 (Korea Bizwire) — South Korea’s foreign ministry said Thursday that it is working to confirm reports that Chinese leader Xi Jinping told U.S. President Donald Trump that Korea “used to be a part of China.” “We are working to confirm the reports through diverse diplomatic channels including the United States and China,” [...]

Majority of Americans Support Using Force Against China to Defend Asian Allies: Survey

Majority of Americans Support Using Force Against China to Defend Asian Allies: Survey

WASHINGTON, Apr. 5 (Korea Bizwire) — A majority of Americans support using force against China to defend South Korea or other Asian allies in the event of a military conflict, a survey showed Tuesday. The Pew Research survey, conducted among 1,505 people Feb.16-March 15, found that 58 percent back the use of force against Beijing [...]

U.S. Imposes 11.7 pct Duty on Steel Plate Imports from POSCO

U.S. Imposes 11.7 pct Duty on Steel Plate Imports from POSCO

WASHINGTON, Mar. 31 (Korea Bizwire) — The U.S. Department of Commerce decided Thursday to impose an 11.7 percent duty on carbon and alloy steel plate imports from South Korea’s steel giant POSCO. The penalty is slightly higher than the department’s preliminary decision made in November to impose a 7.46 percent duty on POSCO products, but [...]

Majority of S. Korean Firms Expect Worse Conditions, Plan to Cut Investment in U.S.

Majority of S. Korean Firms Expect Worse Conditions, Plan to Cut Investment in U.S.

SEOUL, March 13 (Korea Bizwire) – A majority of South Korean businesses in the United States expect additional difficulties down the road due to what many view as protectionist trade policies of the new U.S. administration, a survey showed Monday.  More than 7 out of every 10 respondents said they were already facing difficulties in [...]

Fear Spreads in Korean Communities with Trump’s Immigration Policies

Fear Spreads in Korean Communities with Trump’s Immigration Policies

SEOUL, Feb. 23 (Korea Bizwire) – President Donald Trump’s headstrong approach towards immigration is spreading fear in Korean communities in the United States.  According to local civic organizations assisting Korean immigrants – including the Los Angeles Korean Resource Center, Hana Center in Chicago, and the Illinois Association of Korean Education – the number of phone [...]

Auto Exports to U.S. Sink amid Trump Woes

Auto Exports to U.S. Sink amid Trump Woes

SEOUL, Jan. 25 (Korea Bizwire) – South Korea’s auto exports to the United States fell for the first time in seven years last year amid concerns that the Trump administration may take protectionist measures on vehicle imports, industry data showed Wednesday.  According to the data compiled by the Korea Automobile Manufacturers Association, automakers here shipped [...]