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 [...]
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 [...]
SEOUL, March 14 (Korea Bizwire) – U.S. President Donald Trump was the most popular leader of South Korea’s other neighboring heads of state, including Russia, China, Japan, and North Korea, although more than half of the respondents said they had no leader they were particularly keen on. According to public opinion research firm Realmeter, 56.2 [...]
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 [...]
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 [...]
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 [...]
SEOUL, Dec. 21 (Korea Bizwire) – The late father of Donald Trump’s soon-to-be National Security Advisor Michael Flynn, Charles Francis Flynn, was awarded a medal of appreciation by the Ministry of Defense for his service in the Korean War. A South Korean delegation met with Flynn in Washington Tuesday to present the medal, which was [...]
SEOUL, Dec. 19 (Korea Bizwire) – Kia Motors Corp., South Korea’s No. 2 automaker, saw its sales in Mexico more than double in November despite rising concerns over U.S. President-elect Donald Trump’s trade policy, industry data showed Monday. Kia sold 5,460 vehicles in November, up a whopping 143 percent from the same month a year [...]
SEOUL, Dec. 7 (Korea Bizwire) – Possible trade friction between the United States and China could deal a blow to South Korea’s exports, a report said Wednesday. There are concerns that U.S. President-elect Donald Trump’s looming protectionist policies could spark trade friction between the world’s two biggest economies. Trump has said he would instruct his [...]
SEOUL, Nov. 30 (Korea Bizwire) – The United States’ trade policy will inevitably face various changes under the new Donald Trump administration, but unlike what many believe, the U.S. will not be seeking to reduce its trade with other countries, local experts said Wednesday. “Trump’s protectionist trade view is in fact practicalism based on his [...]