
South Korea Strikes Crucial U.S. Tariff Deal
Published on: Aug. 4, 2025, 8:21 a.m. | Source: Devdiscourse
South Korea's industry minister announced that a critical U.S. tariff deal was secured, averting the worst-case scenario. However, concerns linger regarding the impact of a 15% tariff rate on exporters' profitability, as discussed in a roundtable with business groups and academics.