The South Korean government is actively engaging with the U.S. to address trade uncertainties stemming from new tariff measures, Trade Minister Cheong In-kyo said Thursday. During a meeting with top industry think tanks—including Samsung, Hyundai, POSCO, and LG—Cheong emphasized the importance of coordinated efforts to navigate U.S. protectionist policies under President Trump. The U.S. is reportedly considering tariffs on steel, ...

The U.S. decision to impose tariffs on semiconductors is unlikely to significantly impact India in the short term, as the country is not a major chip exporter to the U.S., industry experts said Thursday. With India already imposing zero import duties on semiconductors, the country faces no immediate trade retaliation concerns, said Ashok Chandak, president of the India Electronics and ...

WASHINGTON, Feb. 20 — The Trump administration is moving to cut $50 billion from the Pentagon budget, reallocating funds to high-priority areas such as border security, according to media reports. A list of generals and admirals slated for dismissal has been circulated among Republican lawmakers. Acting Deputy Secretary of Defense Robert Salesses has instructed officials to identify cuts and shift ...