U.S. President Donald Trump has reaffirmed his country's "steadfast" commitment to safeguarding the Korean Peninsula, underscoring the two countries' strong alliance in the face of "the evils of communism" in the region.

The reality of the Donald Trump administration's 25 percent tariffs on Korean imports has hit fans of Korean cosmetics and K-pop, setting off a wave of panic buying and begging for faster shipments.

Adam Samdin of Oxford Economics says a trade deal between South Korea and the U.S. may still be on the cards as the August 1st deadline approaches. He also says U.S. agricultural exports may be a sector the U.

South Korea is pitching the US on a shipbuilding partnership as a key proposal to seal a last-minute agreement to avoid a 25% tariff rate.

U.S. President Donald Trump remains open to engagement with North Korean leader Kim Jong-un to achieve a "fully denuclearized" North Korea, a White House official said Friday, a day after his administration announced a raft of actions to disrupt Pyongyang's illicit revenue generation schemes.

South Korea and the United States have been discussing a shipbuilding tie-up that could include investments to modernise U.S. shipyards and more help to repair the U.S. naval fleet as Seoul seeks better tariff terms,

Trump’s demands for alliance modernization will likely lead to demands for increased defense spending and raise tensions with China

On July 17, Korea’s Industry Ministry reported that EV exports (incl. hydrogen vehicles) hit 780M USD in June—up 11.2% YoY, marking the first rise since Jan 2024. With domestic demand also rebounding,