South Korea counts on shipbuilding to ease US tariff woes
The Peninsula
Seoul: Asia s fourth largest economy South Korea is facing gruelling tariffs by US President Donald Trump, but its shipbuilding industry could prove a...
Seoul: Asia's fourth largest economy South Korea is facing gruelling tariffs by US President Donald Trump, but its shipbuilding industry could prove a useful bargaining chip.
Already hit by sector levies on steel and car exports, Seoul is laser-focused on negotiations over a 25 percent country-specific tariff that has been suspended until July 8.
AFP takes a look at what's going on:
Why shipbuilding?
In the 1970s, South Korea's military leader president Park Chung-hee accelerated the country's heavy industry, designating sectors such as steel and shipbuilding "strategically important" and rolling out state subsidies.
Doha, Qatar: South Africa s Director General of the Department of International Relations and Cooperation (DIRCO), Zane Dangor, has underscored the ur...
Doha, Qatar: Qatar find themselves in a precarious position in their bid to reach the FIFA Arab Cup quarter finals as they meet Tunisia in their final...
Doha, Qatar: In a landmark panel discussion titled Humanity s Next Chapter: Innovation and Impact from the Global South, three of the world s most i...
Doha, Qatar: In a landmark panel discussion titled Humanity s Next Chapter: Innovation and Impact from the Global South, three of the world s most i...
Doha, Qatar: Qatar has called for a deeper and more structured partnership between the Gulf Cooperation Council (GCC) and the European Union (EU) in t...
Doha, Qatar: Qatar has called for a deeper and more structured partnership between the Gulf Cooperation Council (GCC) and the European Union (EU) in t...
Doha, Qatar: The participants of a high level session, Mediation in a time of fragmentation, lauded Qatar s mediation efforts for the resolution of...
Doha, Qatar: The participants of a high level session, Mediation in a time of fragmentation, lauded Qatar s mediation efforts for the resolution of...
Doha: Advisor to the Prime Minister and Official Spokesperson for the Ministry of Foreign Affairs, Dr. Majed Mohammed Al Ansari, met on Saturday with...
Doha: Advisor to the Prime Minister and Official Spokesperson for the Ministry of Foreign Affairs, Dr. Majed Mohammed Al Ansari, met on Saturday with...
Doha:Advisor to the Prime Minister and Spokesperson for the Ministry of Foreign Affairs(MOFA) Dr. Majed Mohammed Al Ansari emphasized the importance o...
Doha:Advisor to the Prime Minister and Spokesperson for the Ministry of Foreign Affairs(MOFA) Dr. Majed Mohammed Al Ansari emphasized the importance o...
Doha: PrimeMinister and Minister of Foreign Affairs HE Sheikh Mohammed bin Abdulrahman bin Jassim Al Thani on Saturday met separately with Minister of...