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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Italy Defends Migrant Processing Plan in EU Court: LUXEMBOURG - The Italian government argued before the European Union's highest court on Tuesday that its plan to transfer migrants ...; Ana Fernanda Reporter 2025.03.23

Defense Ministers' Declaration Alarms Serbia, Pledging Military Support for Kosovo: A declaration by the Defense Ministers of Kosovo, Albania, and Croatia, committing to increase military readiness and provide spec ...; Ana Fernanda Reporter 2025.03.23

AMRO Downgrades South Korea's 2024 Growth Forecast, Citing US Tariffs and 'December 3rd Martial Law': Seoul, South Korea - The ASEAN+3 Macroeconomic Research Office (AMRO) has revised its 2024 economic growth forecast for South Kore ...; KO YONG-CHUL Reporter 2025.03.22

U.S. Trade Representative Eyes Korea Amidst Allegations of Unfair Trade Practices: Washington D.C. – The United States Trade Representative (USTR) has recently concluded a public comment period, spanning fro ...; KO YONG-CHUL Reporter 2025.03.22

South Korea Obtains Full Ukishima-ho Passenger Lists from Japan: Seoul, South Korea - The South Korean government has announced the complete acquisition of passenger lists related to the ill-fate ...; KO YONG-CHUL Reporter 2025.03.21

U.S. Marines and Singapore Guards Commence 27th Valiant Mark Exercise in Singapore: Singapore — U.S. Marine Corps Forces, South East Asia Rotation (MRF-SEA) held an opening ceremony at Bedok Camp, Singapore o ...; KO YONG-CHUL Reporter 2025.03.21

Singapore Issues Ship Safety Alert for Anticipated 'Monsoon Surge' in March 2025: Singapore – The Maritime and Port Authority of Singapore (MPA) has issued an urgent alert urging ship operators to maintain ...; Graciela Maria Reporter 2025.03.21

Paraguay President Peña Seeks Enhanced Investment and Cooperation with Heritage Foundation: Asunción, Paraguay – In a move aimed at bolstering Paraguay's economic development through international partnerships ...; Eugenio Rodolfo Sanabria Reporter 2025.03.20

Promovêre Unveils 2025 Travel Trends and Expands Partnerships in Paraguay and Peru: Promovêre, a leading travel product and service provider, has concluded a productive business tour in Paraguay and Peru, sho ...; Yim Kwangsoo Correspondent 2025.03.20

Vietnam and Singapore Forge Stronger Sustainable Business Ties at 2025 Forum: Event: Vietnam-Singapore Sustainability Forum 2025Objective: To enhance sustainable business development and collaboration between ...; Ana Fernanda Reporter 2025.03.20

EU to Cut Steel Import Quotas by 15% Amid US Tariff Concerns: Brussels, Belgium – The European Union (EU) has announced it will implement a 15% reduction in steel import quotas, effectiv ...; ONLINE TEAM 2025.03.20

Trump Administration Defies Court Orders on Immigration, Escalating Judicial Clash: Washington D.C. – The Trump administration is intensifying its confrontation with the judicial branch, refusing to comply wi ...; Sharon Yoon Correspondent 2025.03.20

TEPCO to Conduct Second Removal of Fukushima Nuclear Debris in Mid-April: Tokyo, Japan – Tokyo Electric Power Company (TEPCO) has announced plans to conduct a second removal of nuclear fuel debris f ...; KO YONG-CHUL Reporter 2025.03.20

US Stock Market Rises on Fed's Rate Cut Outlook: New York, NY – The New York Stock Exchange saw a widespread rally on March 19th as the Federal Reserve reaffirmed its projec ...; Hannah Yeh Reporter 2025.03.20

Taiwan Holds First Military Drill Assuming 2027 Chinese Invasion, Sparking Defense Budget Debate: TAIPEI, March 19, 2025 – Taiwan’s military will conduct this year’s Han Kuang exercises based on a hypothetical ...; KO YONG-CHUL Reporter 2025.03.19

Paraguay Senate Committee Advances Bill to Combat Child Pornography: Asuncion, Paraguay – The Paraguayan Senate's Commission on Science, Technology, Innovation, and the Future, led by Senator P ...; KO YONG-CHUL Reporter 2025.03.19

Argentina's Universities on the Brink: Nationwide Strike Demands 40% Wage Hike, Budget Increase: Buenos Aires, Argentina – Argentina's university system is facing a critical juncture as faculty and staff across the countr ...; Pedro Espinola Special Correspondent 2025.03.19

Uruguay Sees Surge in Bankruptcy Filings, Raising Economic Concerns: Montevideo, Uruguay – Uruguay is grappling with escalating economic anxieties as creditor bankruptcy filings surged by over ...; Desk 2025.03.19

Uruguay's Hidden Gems Shine: Three Villages Recognized by UN Tourism: Uruguay, despite its small size, is gaining international recognition for its rich cultural heritage and natural beauty. Three of ...; Pedro Espinola Special Correspondent 2025.03.19

The Myth of the "River of Painted Birds": Unraveling the True Origins of Uruguay: Traditional Interpretation: The name "Uruguay" has long been romantically interpreted as "river of painted birds" (río de l ...; KO YONG-CHUL Reporter 2025.03.19