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