Shares of automakers in South Korea jumped in early morning trade on Thursday following reports overnight that the U.S. could delay implementing tariffs on the sector.
The White House has until Saturday to decide on whether to slap duties on imports of cars and auto parts, amid concerns over national security. After Saturday, the administration would have another 180 days to come to a decision as long as it is negotiating with its counterparts.
The latest development came amid an escalating trade fight between the U.S. and China, after Washington raised tariffs on $200 billion worth of Chinese imports last week. In retaliation, Beijing also increased tariffs on $60 billion worth of American goods earlier this week. The U.S. has raised the possibility of slapping tariffs on an additional $300 billion in goods from China.
Recent data releases have also fueled concerns over the protracted trade war's impact on world economic growth.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
SKorean military: NKorea's latest launches were missilesSEOUL, South Korea (AP) — The U.S. and South Korean militaries evaluated the two projectiles North Korea flew Thursday as short-range missiles, a South Korean military official said Friday, a day...
Leer más »
U.S. officials say new North Korean missile appears aimed at evading U.S. defensesA newly tested North Korean short-range missile appears to be a copy of a Russian design that could help Pyongyang evade U.S. missile defense systems.
Leer más »
Facebook sues South Korean analytics company to send ‘message’ about privacy to app developersIn bringing the case, Facebook sought to stress its willingness to take legal action against businesses that break its rules.
Leer más »
North, South Korean musicians hold rare joint performanceSHANGHAI (AP) — South Korean violinist Won Hyung Joon took the stage, nodded once to his North Korean soprano partner, and placed his instrument on his shoulder. With a flick of the conductor's...
Leer más »
North Korea fires 'unidentified projectile,' South Korean military official saysNEW: South Korean military official says North Korea has fired an “unidentified projectile.”
Leer más »
North Korea fires an unidentified projectile, South Korean military saysIt’s the second such launch in the last five days.
Leer más »
ICEYE Announces South Korean Satellite Data Agreement To Peer Beneath CloudsFinnish satellite startup ICEYE, which was cofounded by an alum of the Forbes 30 under 30, is moving further into the lucrative Asian space market.
Leer más »
North Korea fires two rounds of missiles, 2nd launch in a week, South Korea saysNEW: South Korean military official says North Korea has fired an “unidentified projectile.”
Leer más »
Theaters transform into forest, living room and bedroom to attract filmgoersAs part of effort to lure growing home movie watchers and mobile users out to the big screen, South Korean theater chain came up with special themed theaters.
Leer más »