Lee Kang-deok says that the 50% U.S. tariffs have devastated the steelmaking hub of Pohang and that President Donald Trump risks alienating key allies such as South Korea and Japan.

Trump’s announcement was short on detail but came a day after he finalized a trade deal with South Korea that includes a pledge of $350 billion in investment.

Korean skincare or "K-beauty" products are very popular around the world. But as exports from South Korea hit $10.3bn (£7.7bn) last year, cosmetics companies in other countries have introduced their own K-beauty ranges that are not Korean-made. Does this blurring of the definition matter?

President Trump lamented not being able to speak with Mr. Kim, the North Korean leader, but vowed to end the decades of hostilities between the two Koreas.

The U.S. inked Technology Prosperity Deals (TPD) with Japan and South Korea with an eye towards spurring collaboration on AI, semiconductors, quantum computing, biotech, space, 6G and other technologies.

P resident Donald Trump said he’s restarting U.S. nuclear missile testing on Wednesday hours before meeting with Chinese President Xi Jinping, further escalating the stakes of the high-profile summit between the two leaders.