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U.S. cuts tariffs on Japanese cars to 15%, leaving Korean autos at 25%

The Trump administration has lowered tariffs on Japanese cars to 15%, creating a reversal in trade conditions with South Korea, where autos remain subject to a 25% levy. According to the Federal Register on September 15, the tariff cut took effect at 12:01 a.m. on September 16 (1:01 p.m. Seoul time). The change stems from a U.S.-Japan trade agreement signed..

China, Russia grow even closer
China and Russia performed joint military exercises in the Mediterranean Sea in May 2015. This collaborative act shows the relations between the two countr..

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