Tag: Korea business development
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Korea-US Briefing — Wednesday, June 10, 2026
Headline: US reaffirms the 15 percent tariff ceiling for Korea Top Story Following Trade Minister Yeo Han-koo’s meeting with USTR Jamieson Greer in Paris, Washington confirmed no tariffs beyond the levels agreed in last year’s bilateral deal (15 percent, down from 25, in exchange for Korea’s $350 billion investment pledge). Trade & Tariff Effective June…
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Korea-US Trade & Investment Briefing
Tuesday, June 9, 2026 Headline Nvidia’s 260,000-chip Korea supply deal anchors the AI buildout. Top Story Korea’s Industry and Trade Minister Kim Jung-kwan said he received renewed US confirmation that tariffs on Korea will not exceed the agreed 15%, holding an emergency meeting to calm market jitters. The reassurance matters because semiconductors and pharma carry…
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Korea-US Week in Review, June 1-5, 2026
Korea spent the week cementing its place at the center of the global AI-hardware stack while locking down the most important number in the trade file: a 15% tariff ceiling. Not to mention, Nvidia's Jensen Huang touring Seoul to court the chaebol on AI chips and data centers. Top Stories 1. Huang's Seoul Tour Puts…