The Latest Breaking News from South Korea

More tariffs for seemingly no reason.

DRAM prices are set to rise sharply in Q3 2025, with legacy memory types like DDR4, LPDDR4X, and GDDR6 seeing the steepest increases of up to 45% due to supply cuts and phase-outs. The effect of U.S. tariffs on memory imports from Japan and South Korea is still to be…

President Trump announced that starting August 1, the U.S. will impose a 25% tariff on all imports from Japan and South Korea, which threatens to disrupt global tech supply chains dominated by these countries.

Trump sent tariff letters to 14 countries including South Korea, Japan, Malaysia and Bangladesh.

The South Korean company’s second-quarter operating profit is expected to be less than half of what the company reported last year.

A picturesque Swiss village has begun charging tourists to access a lakeside dock made famous by the hit South Korean Netflix series "Crash Landing On You", capitalising on its newfound popularity. Iseltwald, home to just 406 inhabitants, now requires visitors to pay 5 Swiss francs (£4.40) via a turnstile to…

On Monday, Trump’s White House unveiled flat 25% tariffs on Japan and South Korea, two of the U.S.’s trading partners.

Asia stock markets closed higher and the FTSE 100 index today held its ground after President Trump issued letters warning of higher tariffs from 1 August.

The European Union will not face higher tariffs from the United States, unlike several other countries that received letters from US President Donald Trump Monday informing them of sharply higher tariffs on goods starting 1 August.

Higher tariffs had been set to come into effect on 9 July, although the US president has now moved this date to 1 August.

President Donald Trump's decision to impose 25% tariffs on imports from South Korea and Japan is drawing sharp criticism from economists who say the rationale behind the move is fundamentally flawed.