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Auto repair costs rise as tariffs push more drivers to DIY

Concerns are growing in the auto industry that car tariffs imposed by former President Donald Trump may drive up not only vehicle prices but...

Rising Beef Prices Squeeze Korean American Grocery Budgets

According to the Bureau of Labor Statistics (BLS), steak prices have increased by 7% and ground beef by 10% over the past year. As...

U.S. places South Korea back on currency watchlist

The U.S. has reinstated South Korea on its currency watchlist, citing a large trade surplus and current account imbalance under renewed trade scrutiny.

83% of U.S. Consumers Plan Spending Cuts Amid Inflation, Tariffs

With inflation rising rapidly and the Trump administration’s high tariffs now taking effect, U.S. consumers are actively cutting back on spending to maintain their...

Acting president Han, Trump hold half-hour phone call

Acting President Han Duck-soo and U.S. President Donald Trump held a 28-minute phone call discussing alliance issues, North Korea, and tariffs.

A Quick Look at the Economic Implications of Today’s Reciprocal Tariff Announcement

The newly announced reciprocal tariffs are expected to slightly reduce GDP and raise inflation by 0.2 percentage points over the next year, without signaling a recession or stagflation.

Korean-American businesses brace for tariff shocks under Trump administration

President-elect Donald Trump's ultra-hardline tariff policy is putting both the Korean-American business community and Korean companies on edge. Following the proposed 60% tariff on imports...

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