South Korea, US make 'meaningful progress' in tariff talks, senior Seoul official says

Investing.com•Wednesday, October 15, 2025 at 1:54:28 PM

South Korea and the United States have reportedly made significant strides in their discussions regarding tariffs, according to a senior official from Seoul. This development is crucial as it could lead to improved trade relations between the two nations, fostering economic growth and stability in the region. The progress in these talks reflects a commitment to resolving trade issues that have been a point of contention, and it may pave the way for further cooperation in various sectors.

— via World Pulse Now AI Editorial System

Read Original

Was this article worth reading? Share it

Recommended Readings

Financial Timesa day ago

US drew $900mn from IMF account as Argentina debt payment loomed

NeutralFinancial Markets

The US withdrew $900 million from its IMF account as Argentina faced a looming debt payment, coinciding with a rise in Buenos Aires's reserves by the same amount. This move is seen as an effort to support the government of Javier Milei amid economic challenges.

Read full article

via Financial Times

Financial Timesa day ago

Trump signs spending bill to end longest-ever US shutdown

PositiveFinancial Markets

President Trump signed a spending bill that ended a 43-day government shutdown, the longest in U.S. history, which had resulted in thousands of federal workers being furloughed. This resolution is significant as it restores government operations and alleviates the financial strain on affected employees.

Read full article

via Financial Times

Bloomberga day ago

Oil’s Global Oversupply Shows Up Most Prominently in US Market

NeutralFinancial Markets

Global crude oil markets are currently experiencing an oversupply, with the most significant impact observed in the Americas, particularly in the United States. This situation highlights the challenges faced by the oil industry, as excess supply can lead to lower prices and economic implications for producers and consumers alike. Understanding the dynamics of this oversupply is crucial for stakeholders in the energy sector and can influence future market strategies.

Read full article

via Bloomberg

TheStreeta day ago

Lululemon bets on NFL fans amid U.S. sales slump

NegativeFinancial Markets

Lululemon is shifting its strategy to target NFL fans as it faces a slump in U.S. sales. The brand, once a favorite among American consumers, has struggled due to overreliance on past successful strategies, leading to complacency. This pivot aims to reinvigorate demand and adapt to changing market dynamics.

Read full article

via TheStreet

Investing.coma day ago

Yen squeezed, stocks firm as US shutdown set to lift

PositiveFinancial Markets

The US is poised to lift a government shutdown, leading to a strengthening of stocks while the yen faces pressure. This development is significant as it reflects market confidence in the US economy and could influence global financial trends.

Read full article

via Investing.com

Investing.coma day ago

US freezes flight cuts at 6% as air traffic control absences shrink

NeutralFinancial Markets

The US has decided to freeze flight cuts at 6% due to a decrease in air traffic control absences. This decision is significant as it aims to stabilize air travel operations amid ongoing challenges in the aviation sector. The reduction in absences among air traffic controllers suggests improvements in staffing and operational efficiency, which could enhance the reliability of flight schedules and passenger experiences.

Read full article

via Investing.com

The New York Times2 days ago

Solvay of Belgium Creates Rare Earths Deals With U.S.

NegativeFinancial Markets

Solvay, a Belgian company, has signed two contracts to supply rare earths to the United States, highlighting Europe's struggle to compete with the U.S. in breaking China's dominance in this critical market. The deals are significant as they underscore the ongoing geopolitical competition over rare earth resources.

Read full article

via The New York Times

Bloomberg2 days ago

India Approves $5 Billion for Exporters Hit by Harsh US Tariffs

PositiveFinancial Markets

India has announced relief measures exceeding $5 billion to support its exporters who have been adversely affected by stringent US tariffs. This decision comes amid ongoing negotiations between India and the US aimed at reaching a trade deal. The financial assistance is intended to mitigate the impact of these harsh tariffs on Indian exporters, highlighting India's commitment to bolster its trade sector despite external pressures.

Read full article

via Bloomberg