Trump wants to impose a 25% tariff on South Korea, but it's been postponed. Will three more weeks be enough time to negotiate? Will there be another extension?

South Korea's central bank held interest rates steady on Thursday, as policymakers steered a cautious path amid concerns about financial stability risks stemming from rising household debt and economic pressure from U.

Japan and South Korea have until Aug. 1 to agree new trade terms with the U.S., or face 25% “reciprocal” tariffs. The two Asian countries share vulnerabilities that put them in President Trump’s crosshairs,

The U.S. will impose tariffs of 25% on Japan and South Korea beginning on Aug. 1, President Donald Trump announced on Monday in posts on Truth Social.

South Korea said it planned to intensify trade talks with the United States and considered U.S. President Donald Trump's plan for a 25% tariff from August 1 as effectively extending a grace period on implementing the duties.

Trump said on Tuesday that South Korea should be paying for its own military protection, suggesting the US ally needed to pay more for the US troop presence there, a day after the tariff announcement.

Live updates and the latest news as Trump and Netanyahu meet at White House to discuss Iran and the U.S. sends tariff letters to trading partners.

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