U.S. Prepares Sanctions on Chinese BanksBlinken’s Visit to China Puts Pressure on Policy Shift According to sources cited by the Wall Street Journal (WSJ) on the 22nd, the U.S. government is preparing sanctions that threaten to expel some Chinese banks from the global financial system. Before he visits China, these measures are intended to provide Antony Blinken, U.S. Secretary of […]
Fears Arise As Biden's Tariff Hike Intensifies U.S.-China DisputesOn the 22nd, Samsung Securities analyzed the possibility of the U.S.-China dispute, which has resurfaced as a hot topic in the financial market and is likely to intensify. President Joe Biden recently announced plans to raise tariffs on Chinese steel and aluminum from 7.5% to 25%. The U.S. Trade Representative Katherine Tai revealed that they […]
Revival of the U.S.-China Trade War? U.S. Mulls Over TariffsOn the 16th (local time), U.S. Trade Representative Katherine Tai revealed her serious contemplation of trade defense actions, including the imposition of tariffs under Section 301 of the Trade Act, in reaction to China’s unfair trade practices. With this announcement, as the U.S. election draws closer this year, it becomes pertinent to monitor whether the […]
U.S. Takes on China: Investigation into Unfair Shipbuilding Trade Practices BeginsThe United States government is expected to launch an investigation into the unfair practices of the Chinese shipbuilding industry following a petition from the United Steelworkers Union (USW). Analysts anticipate that this could potentially benefit the Korean shipbuilding industry. According to a report by the Korea Trade-Investment Promotion Agency (KOTRA) on the 7th, Sanction to […]
Trump Threatens 100% Tariff on Chinese Automakers' Cars Made in MexicoAccording to a report by the Detroit News on March 17, 2024 (Local time), Donald Trump said he would impose a 100% tariff on automobiles made in Mexico by Chinese automakers, double the levy he has previously said he would impose on automobiles made south of the U.S. border. Earlier this month, Trump threatened a […]
Ex-Google Employee Caught Stealing AI Tech to Chinese CompanyA former Google software engineer of Chinese nationality has been charged with stealing the company’s artificial intelligence (AI) trade secrets and leaking them to a Chinese company. Notably, as the AI technology competition between the U.S. and China intensifies, technology leaks are becoming more frequent. According to AP and Reuters, the U.S. Department of Justice […]
K-Pop Idols Who Got Caught Selling Fan Gifts [TV report=HanAeMyung reporter] Future Boy member Jang Yubin has been controversially caught trying to trade second-hand with a gift from a fan, and even former JEX KISS members Kang Sung Hoon and Sky Jian, who caused the same controversy in the past, are in the spotlight...
Frozen Kimbap Frenzy in the U.S.: How a Korean Dish Captured American Taste BudsSmall Korean company Olgaht sees Frozen Gimbap craze in the U.S., plans to increase production tenfold to meet demand.
President Yoon's Wristwatch Surfaces in Second-Hand Market – Price Stuns EnthusiastsPresident Yoon Seok Yeol's commemorative watches surface on the second-hand market, sparking interest among collectors at $170.
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