SEOUL, Jan. 26 (Korea Bizwire) — South Korea has notified the World Trade Organization (WTO) that it has asked the United States for consultations over the latter’s imposition of a safeguard measure on imported large residential washers, Seoul’s trade ministry said Thursday. A document, posted on the WTO’s website, showed that Seoul made the request [...]
SEOUL, Dec. 26 (Korea Bizwire) – Research by the Korea International Trade Association (KITA) has revealed that the first year of Donald Trump’s U.S. presidency has been marked by the highest incidence of new anti-dumping investigations in the last ten years. A total of 54 new investigations were launched, with six of them targeting South [...]
SEOUL, Dec. 25 (Korea Bizwire) — South Korea’s trade ministry and local steelmakers have discussed ways to cope with the United States’ growing trade protectionism including adjusting steel exports, officials said Monday. The ministry held a meeting with trade experts and local steelmakers, including top player POSCO and its rival Hyundai Steel Co., on Thursday [...]
SEOUL, Dec. 6 (Korea Bizwire) — South Korea’s trade surplus with the United States fell sharply during the first 11 months of this year from a year earlier amid growing pressure from Washington, data showed Wednesday. The U.S. has demanded a revision to a free trade agreement (FTA) with Seoul, which U.S. President Donald Trump [...]
SEOUL, Nov. 14 (Korea Bizwire) – Melania Trump is back in Washington D.C. after accompanying her husband Donald Trump on his trip to Asia, but her charm and soft power that appealed to the South Korean public linger on. The First Lady returned to the U.S. after visiting Japan, South Korea and China with U.S. [...]
SEOUL, Nov. 9 (Korea Bizwire) – With American President Donald Trump now in China, having passed through South Korea on his Asia-wide tour, details of his visit – from his appearances down to what he ate – have become trending topics of interest. When it was reported that ballad singer Park Hyo-shin, a member of [...]
JEJU, Nov. 8 (Korea Bizwire) — South Korean First lady Kim Jung-sook and U.S. first lady Melania Trump greeted a group of visiting schoolchildren on Tuesday, including family members of U.S. military and diplomatic personnel, after a stroll around the Blue House. As a show of gratitude, the first ladies gave scarves to the children consisting [...]
SEOUL, Nov. 8 (Korea Bizwire) — Hundreds of demonstrators staged rallies in central Seoul on Tuesday in support or protest of U.S. President Donald Trump’s state visit, which runs until the next day. A gathering of liberal activist groups flocked to Gwanghwamun Square for a rally denouncing his trip to Seoul and blaming him for [...]
SEOUL, Nov. 7 (Korea Bizwire) – U.S. First Lady Melania Trump spent time with Korean students on Tuesday at a sports event organized by the U.S. Embassy in Korea to promote physical activity among young girls. She arrived in Korea earlier in the day with her husband President Donald Trump for a two-day state visit [...]
SEOUL, Nov. 7 (Korea Bizwire) — LG Electronics Inc. said Tuesday it is preparing for all possibilities amid concerns that the United States may come up with tougher protectionism policies against foreign home appliances. Washington’s International Trade Commission concluded last month that washing machines produced overseas by South Korean firms, including LG Electronics, are hurting [...]