Korea Joongang Daily
Korea JoongAng Daily

Trump threatens global businesses with tariffs if products aren’t made in the U.S.

U.S. President Donald Trump said Thursday that businesses around the world will have to pay tariffs if they do not make their products in the United States, as he underscored his push to make America a "manufacturing superpower."

2025-01-24

Hanwha Life signs MOUs with SBVA, Celadon Partners at WEF

Hanwha Life signed agreements with SBVA and Celadon Partners on the sidelines of the World Economic Forum as the Korean insurer seeks to expand its global presence.

2025-01-23

Korea’s growth forecast cut to 1.8% as weak recovery continues

The government projected Korea’s economy to grow 1.8 percent this year, down 0.4 percentage points from its previous forecast, citing a sluggish domestic demand recovery, slowing export growth and mounting uncertainties.

2025-01-02

Can you handle this?

It is doubtful if the trilateral body can help overcome the triple whammies of the soaring exchange rate, slowed export and lethargic domestic demand.

2024-12-23

Korea deploys 'economic envoys' to convince U.S. investors that everything is fine

Korea is sending special economic envoys, including former FSC Chairman Jun Kwang-woo, to reassure foreign investors after political turmoil from President Yoon's brief martial law declaration.

2024-12-12

No fundamental reform, no economic rebound (KOR)

The lasting stimuli to break the economy out of the stalemate would be precision policies and painful structural reforms.

2024-12-02

No fundamental reform, no economic rebound

The lasting stimuli to break the economy out of the stalemate would be precision policies and painful structural reforms.

2024-12-01

Security and economic impact from Trump 2.0

If a U.S.- china tariff war breaks out, Korea will suffer critical damage.

2024-11-17

KDI lowers 2025 growth forecast on export slowdown

Korea Development Institute (KDI) slashed the country's 2025 economic growth outlook to 2 percent Tuesday citing anticipated slowdown in exports despite improvements in domestic demand.

2024-11-12

Brace for Trump’s economic policies

Our government must do its best to protect the interests of Korean companies by reminding its U.S. counterpart of the escalated bilateral relationship on the economic and technological front.

2024-11-07