US President Donald Trump announced an increase in tariffs on South Korean imports of autos, timber, pharmaceuticals and other goods from 15% to 25%.

Following this announcement, The Wall Street Journal on Thursday quoted sources as saying that US Vice President JD Vance warned South Korean President Lee Jae-myung against implementing discriminatory regulations and investigation measures targeting US tech firms, specifically naming the US e-commerce company, Coupang, operating in South Korea.

US-South Korea consultations also covered platform regulations and AI-related rules, affecting several US tech companies, including Meta(META.US)'s Facebook and Google's parent company, Alphabet(GOOGL.US), sources added.
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AASTOCKS Financial News
Website: www.aastocks.com

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