North Korea’s trade with China surged to a six-year high in November, following a rare summit between the two leaders, according to Chinese customs data.
South Korea and the United States finalized terms of a long-discussed trade package in Gyeongju, confirming a $350 billion investment plan and setting reciprocal tariffs, including autos, at 15 percent. The leaders also advanced alliance issues during President Trump’s state visit.
During their first summit, South Korea’s President Lee Jae Myung urged Donald Trump to act as peacemaker on North Korea, while both leaders advanced trade and defense cooperation.
U.S. President Donald Trump’s "America First" policy now extends to nontariff barriers, dampening Korea's hope of avoiding the anticipated reciprocal duties thanks to the...
More than half of North Korea’s total exports to China in 2024 were conducted under “outward processing” trade. This indicates that a significant portion...
China has drastically reduced its exports of essential agricultural goods and materials, such as rice, corn, and fertilizers, to North Korea by up to...
North Korea and Russia have reportedly expanded their trade involving items that violate international sanctions following their June summit, according to intelligence sources.
This includes...
Amid growing signs of unusual tension between North Korea and China, it was reported on September 12 that Chinese authorities have intensified crackdowns on...
This year, North Korea’s import of cigarettes and alcohol from China has significantly decreased, raising speculation about potential strains in the relationship between the...
