Global Economic Times

2026.07.24 (Fri)
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US Finalizes Section 301 ‘Forced Labor Tariffs’ on 60 Nations; South Korea Hit with 12.5% Duty

WASHINGTON / SEOUL — The Donald Trump administration on Thursday (July 23, local time) finalized additional tariffs ranging from 10% to 12.5% on 60 countries under Section 301 of the Trade Act o
U.S. Moves to Sever Chinese Materials and Components from Defense Supply Chains

WASHINGTON — In a decisive move aimed at safeguarding national security and reinforcing military readiness, the Trump administration has launched a comprehensive overhaul of the United States de

Saudi Arabia Launches Naval Protection Measures as Houthi Blockade Threat Escalates in Bab-el-Mandeb Strait

RIYADH / RED SEA — Saudi Arabia has officially announced comprehensive military and security measures to safeguard commercial shipping traversing the strategic Bab-el-Mandeb Strait, following ma

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Japan Trembles Amidst Nankai Megathrust Earthquake Fears: A Looming Threat: Tokyo, Japan – A recent, stark warning issued by the Japanese government in late March has sent ripples of concern throughou ...; Hwang Sujin Reporter 2025.06.01

Smoother Entry into Japan for Koreans: Dedicated Immigration Lanes at Airports: Starting today, many South Korean travelers heading to Tokyo and Fukuoka will experience more convenient entry into Japan. The int ...; KO YONG-CHUL Reporter 2025.06.01

India's Economy Surges to 8.2% Growth in FY2023-24, But Global Headwinds Loom for Future Fiscal Years: India's economy registered a robust performance in the fiscal year 2023-24 (April 2023-March 2024), with its Gross Domestic Produc ...; Eugenio Rodolfo Sanabria Reporter 2025.05.31

US Signals Demand for Major Defense Spending Hikes from Allies, Warns Against "Security-America, Economy-China" Balancing Act: SINGAPORE – US Defense Secretary Pete Hegseth's address at the Shangri-La Dialogue in Singapore appears to outline the incom ...; Ana Fernanda Reporter 2025.05.31

Haribo Sweets Recalled in the Netherlands Over Cannabis Contamination: Amsterdam, Netherlands – A significant recall has been initiated in the Netherlands for a specific batch of Haribo gummies a ...; Yim Kwangsoo Correspondent 2025.05.31

U.S. Supreme Court Greenlights Deportation for Half-Million Migrants, Sparking Widespread Condemnation: WASHINGTON D.C. – In a move poised to trigger mass deportations, the U.S. Supreme Court on Friday delivered a significant vi ...; KO YONG-CHUL Reporter 2025.05.31

US Court Blocks Trump's Reciprocal Tariffs, Citing "Abuse of Authority": WASHINGTON D.C. - A U.S. court has moved to block President Donald Trump's expansive plan to impose tariffs on imports, a scheme h ...; Eugenio Rodolfo Sanabria Reporter 2025.05.31

U.S. Intensifies Stance on Chinese Students, Escalating Broader Tensions: WASHINGTON D.C. – The United States government has dramatically sharpened its policy regarding international students, speci ...; Ana Fernanda Reporter 2025.05.31

Vietnam-Paraguay Diplomatic Ties Mark 30 Years: Opening New Horizons for Cooperation: May 30, 2025, marks the 30th anniversary of diplomatic relations between Vietnam and Paraguay. Over the past three decades, the Vi ...; KO YONG-CHUL Reporter 2025.05.30

Vantage Awarded "Best Trading Platform" at Wealth Expo Argentina 2025: Global multi-asset CFD broker, Vantage Markets (hereinafter "Vantage"), was honored with the "Best Trading Platform" award at the ...; Eugenio Rodolfo Sanabria Reporter 2025.05.30

US Eyes Paraguay's Surplus Power: Hezbollah Bounty Allegations and the Complex Calculations of the Itaipu Treaty: ASUNCION/BRASILIA – A recent announcement by the United States offering a reward of up to $10 million for information relate ...; Desk 2025.05.30

Argentina, a "Testing Ground" for Abortion Rights Violations, Warns Amnesty International; Milei Government Halts State Supply and Attempts Legal Amendments: Amnesty International has warned that Argentina is being used as a "testing ground" for the rollback of abortion rights. Javier Mi ...; Hwang Sujin Reporter 2025.05.29

Argentina Kneels Before London, Praising Foreign Decolonization: The Milei government celebrates the return of the Chagos Islands to Mauritius, yet its surrender policy on the Falkland (Malvinas) ...; KO YONG-CHUL Reporter 2025.05.29

Argentina Central Bank FX Intervention, BBVA Argentina Stock Down Over 4%... "Oversold or Warning of Further Decline?": Banco BBVA Argentina (BBAR) stock has plummeted by over 4% due to the Argentine Central Bank's aggressive intervention in the fore ...; KO YONG-CHUL Reporter 2025.05.29

Trump Administration Orders Full Suspension of Student Visa Interviews… Increasing Confusion for Korean Students: U.S. media outlets have reported that the Donald Trump administration has instructed U.S. embassies worldwide to completely suspen ...; Hwang Sujin Reporter 2025.05.29

"Absolutely Not Going to the U.S.": Trump's Stricter Immigration Enforcement Warned to Backfire on U.S. Tourism Industry: The hardline immigration policies of the Donald Trump administration are causing an unexpected backlash for the U.S. tourism indus ...; Global Economic Times Reporter 2025.05.29

Seoul Ranks 15th Globally, But Only 129th in Quality of Life: According to the "2025 Global Cities Index" released by Oxford Economics, a UK economic analysis institution, Seoul ranked 15th am ...; Ana Fernanda Reporter 2025.05.29

US Defense Secretary to Attend Singapore Shangri-La Dialogue, Focusing on Strengthening Indo-Pacific Security Cooperation: WASHINGTON/SINGAPORE – US Secretary of Defense Pete Hegseth will attend this week's annual security forum, the Shangri-La Di ...; Eunsil Ju Reporter 2025.05.28

Singapore Considers 'Caning' as a Drastic Measure in War on Scams: A Shadow of Prosperity and Digital Transformation, Seeking Strong Response to Soaring Scam Crimes: Singapore is drawing its sword against a surge in scam crimes. The international community is closely watching as the nation serio ...; ONLINE TEAM 2025.05.28

Trump Administration Revokes Harvard's International Student Eligibility, Causing Global Student Chaos: Singapore's MFA Monitors and Provides Support to Affected Students: Seoul, Republic of Korea – The abrupt decision by the Donald Trump administration to revoke Harvard University's eligibility ...; Greace Nunez Correspondent 2025.05.28