South Korea earned a record $55.6 billion trade surplus with the U.S. in 2024, up 25% from 2023, led by rising car exports, according to Korea Customs Service data.

By Philip Blenkinsop and Hyunjoo Jin BRUSSELS/SEOUL (Reuters) -The European Union and South Korea said on Monday they were working on trade deals with U.S. President Donald Trump that would soften ...

Trump tariffs-report WASHINGTON, June 25 (Yonhap) -- The overwhelming majority of U.S. exports to South Korea are already tariff-free under a bilateral free trade agreement (FTA), a think tank ...

Acting U.S. ambassador to South Korea Joseph Yun said at a seminar on Tuesday that there may be new trade talks about the Free Trade Agreement (FTA) between South Korea and the U.S., local online ...

This is not the first time that Trump has tangled with Japan and South Korea on trade — and the new tariffs suggest his past deals made during his first term failed to deliver on his administration’s ...

South Korea’s leader says trade deal with US remains unclear ahead of Trump’s deadline by KIM TONG-HYUNG and HYUNG-JIN KIM, Associated Press - 07/03/25 2:35 AM ET ...

Trump talked tough on North Korea, vowing to defend America and its allies against its “reckless and brutal regime,” as he concluded two-day of talks with South Korea’s new President Moon Jae-in. But ...

South Korea, currently subject to a blanket 10% tariff with a 25% country-specific duty on pause for 90 days, agreed with the U.S. in their opening round of trade talks in late April to craft a ...

The United States ran a $69.4 billion trade imbalance in goods with Japan in 2024 and a $66 billion imbalance with South Korea, according to the Census Bureau.

Home » Trump to raise duties on South Korea, Japan, others from Aug. 1 News Trade Trump to raise duties on South Korea, Japan, others from Aug. 1 07/07/25 1:36 PM By Oliver Ward ...

South Korea's effective tariff rates stand at near-zero under a free trade agreement first signed in 2007 then revised in 2018 under Trump's first term, according to economists.

Acting U.S. ambassador to South Korea Joseph Yun said at a seminar on Tuesday that there may be new trade talks about the Free Trade Agreement (FTA) between South Korea and the U.S., local online ...