In a bombshell announcement, U.S. President Donald Trump has declared a “Full and Complete Trade Deal” with South Korea — worth a staggering $350 billion in American-controlled investments. Trump, who claims the deals were “selected by myself, as President,” also revealed a $100 billion LNG energy commitment from Seoul and exclusive, tariff-free access for U.S. products in Korean markets.
In return, South Korea’s exports to the U.S. will face a stiff 15% tariff. Trump described the agreement as a symbol of America’s dominance, likening it to the collection of “imperial tribute.” The deal includes upcoming additional investments, to be finalized when President Lee Jae Myung visits Washington. With dramatic language and economic muscle-flexing, Trump painted the deal as a massive American win — and a clear message to rival economies, particularly India and China.
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Sir Keir Starmer seems to mistake an interpreter for the new South Korean president Lee Jae-myung as they meet for formal talks at the G7 summit in Canada. The prime minister and the president then appear to be unsure where to stand for the photo opportunity in front of the gathered media. Report by Blairm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
North Korea has issued a stark warning to the United States and South Korea over their upcoming Ulchi Freedom Shield military drills, calling them a “direct provocation” and a serious threat to stability on the Korean Peninsula. Defense Minister No Kwang Choi, in a statement via state-run KCNA, condemned the large-scale exercise — set for August 18–28 — which will involve live field maneuvers, computer simulations, and civil defense training. He warned of “negative consequences” and vowed that Pyongyang would exercise its “sovereign right” to self-defense if provoked.
While the Combined Forces Command insists the drills are defensive in nature, half of the planned field exercises have been postponed due to extreme weather and to avoid escalating tensions. This comes as both Koreas recently removed propaganda loudspeakers along the DMZ, hinting at fragile attempts to improve relations despite the looming military standoff.
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In response to the US imposing a 50% tariff on Indian goods, potentially impacting seafood exports, the government is urging exporters to explore alternative.. IndiaTimes
Nagasaki ceremony remembers Koreans killed in atomic bombing
Dozens gathered in Nagasaki on Friday to honour South Koreans killed in the city’s atomic bombing, a day before its 80th anniversary.
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South Korea removes border propaganda speakers to ease tensions with North
The previous conservative government started playing daily broadcasts last June in retaliation for North Korea flying trash-filled balloons to its neighbour.
READ MORE : http://www.euronews.com/2025/08/04/south-korea-takes-down-border-propaganda-speakers-in-gesture-of-reconciliation-with-north
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South Korea faces an unprecedented political crisis as impeached President Yoon Suk Yeol becomes the first sitting leader to have an arrest warrant approved. Following his controversial imposition of..
In a shocking turn of events, South Korea's Acting President Choi Sang-mok is Thrust into a leadership crisis just hours into his new role. Following the deadly plane crash at Muan International..
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