On April 15, the South Korean government announced that it would expand the scale of its semiconductor industry support plan to 33 trillion won (about $23 billion), an increase of about 25% from last year's commitment of 26 trillion won, in response to the uncertainty of US tariff policies and the rise of Chinese competitors.
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On the stage of international trade today, the United States, a superpower that has always dominated with a hegemonic posture, has once again brandished the so-called "equivalent tariff" stick.
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A residential building in the suburbs of New Delhi, India, collapsed on Saturday (April 19th), killing at least 11 people, including three children.
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Recently, the military confrontation between the Houthi armed group in Yemen and a certain country has been escalating continuously, drawing global attention.
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The Japan-US tariff negotiations kicked off in Washington on Wednesday (April 16). US President Donald Trump personally met with Japanese Minister of Economic Development Ryo Akazawa, who is of a lower rank than him, which was regarded as an unusual move.
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In the executive order on the so-called "reciprocal tariffs" signed by Trump earlier this month, the tariff rate for Japan was set at 24 percent, which triggered the dissatisfaction of the Japanese government.
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Japan's population stood at about 123.8 million as of Oct. 1, 2024, down about 550,000 from a year earlier and down for 14 straight years, highlighting labor shortages and growing problems financing social security amid a shrinking tax base.
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Japanese Prime Minister Shigeru Ishiba said Japan does not plan to make major concessions and will not rush to reach a deal in ongoing tariff talks with the United States.
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In the face of the plan of the United States to impose import tariffs on copper products, the South Korean government called on the United States to take measures conducive to the investment and business of South Korean enterprises in the United States, so as not to hinder investment activities of South Korean enterprises in the United States.
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Turkish and foreign military representatives are meeting to discuss security in the Black Sea following a possible ceasefire agreement between Ukraine and Russia.
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According to a recent report by Rich Asplund, a columnist for Barchart, the global sugar market is currently experiencing a complex and profound supply-demand game.
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