South Korea is bracing for the impact of the Trump administration's tariffs, as reflected in its economic downturn and lowered growth forecast.

South Koreans 'came with their A game, and we will see if they follow through on that,' Scott Bessent says - Anadolu Ajansı

South Korea’s economy contracted in the first quarter after large-scale wildfires and political turmoil over its president’s impeachment suppressed consumer sentiment and business activities.