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Trump notifies South Korea of 25% reciprocal tariffs starting August 1

U.S. President Donald Trump has notified South Korean President Lee Jae-myung that the United States will impose a 25% reciprocal tariff on all South Korean products beginning August 1, citing an “unbalanced trade relationship.” In a letter disclosed on July 7, Trump warned that additional tariffs could be levied if South Korea retaliates or reroutes exports..

N. Korea using Vietnam, China, Singapore as benchmark for reform, opening up
By AsiaToday Washington correspondent Ha Man-jooNorth Korea is trying to benchmark successful cases of reform and opening up to achieve economic prosperity..

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