SEOUL, May 2 (Korea Bizwire) – Trump is facing criticism in South Korea after a recent interview with Reuters in which he expressed a desire for the East Asian country to pay for the expenses of deploying a THAAD missile defense system, with some critics accusing the U.S. President of ignoring South Korea’s contribution, including damage [...]
SEOUL, May 2 (Korea Bizwire) – South Korea’s exports to the United States are expected to suffer losses as much as US$17 billion over five years if the two nations renegotiate a bilateral free trade deal, according to a report on Sunday. South Korea’s businesses remain concerned after U.S. President Donald Trump told Reuters in an interview last week that he will either renegotiate or scrap the free trade deal with South Korea, calling it “horrible.” If tariff [...]
SEOUL, April 21 (Korea Bizwire) – South Korean historians and activists rallied in downtown Seoul Friday angered by a report that U.S. President Donald Trump quoted Chinese leader Xi Jinping as saying the two Koreas “used to be a part of China.” The members of the Institute of Korean Cultural Studies and other history institutions [...]
CHINA, Apr. 21 (Korea Bizwire) — U.S. President Donald Trump’s remarks in an interview with the Wall Street Journal after a recent meeting with Chinese president Xi Jinping that “Korea actually used to be a part of China” have come under fire. Questions mounted over Xi’s comments during a briefing held by the Chinese Foreign Ministry. [...]
SEOUL, April 4 (Korea Bizwire) – South Korea is closely communicating with the United States on North Korea and other major issues ahead of the upcoming summit talks to be held between the U.S. and China this week, the foreign ministry here said Tuesday. U.S. President Donald Trump is to meet with Chinese President Xi [...]
WASHINGTON, March 31 (Korea Bizwire) — U.S. President Donald Trump will sign an executive order directing a comprehensive review of major sources of trade deficits, officials said, as they named South Korea one of the 16 countries the U.S. runs large deficits with. The executive order calls for the Department of Commerce and the U.S. [...]
WASHINGTON, March 21 (Korea Bizwire) – The United States is looking at new “diplomatic, security and economic measures” to deal with the growing nuclear and missile threats from North Korea, the White House said Tuesday. “The United States in coordination with our allies is exploring a new range of diplomatic, security and economic measures in [...]
SEOUL, March 13 (Korea Bizwire) – The United States has benefited even more than South Korea has from the countries’ free trade agreement (FTA), experts here said Monday, noting a demand to renegotiate the terms of the bilateral pact by Washington may well work to serve Seoul’s interest. The Korea-U.S. FTA, also known as the [...]