Facing threats of a 25% tariff increase from former US President Donald Trump, South Korea declares compliance with the agreement to invest 350 billion USD in the United States.
US President Donald Trump announced increased import tariffs on South Korean automobiles, timber, and pharmaceuticals, accusing the country of failing to uphold its trade agreement.
The European Parliament (EP) indicates it may resume the ratification process for a trade agreement with the US, following Trump's withdrawal of tariff threats.
EU officials plan to "freeze" approval of a trade agreement with the US after President Trump threatened to impose import tariffs on eight European countries over the Greenland issue.
Taiwan (China) will invest approximately 250 billion USD in the US, securing a reduction in import tariffs from 20% to 15% for many of its exported products.