
South Korea's chief trade negotiator Yeo Han-koo has been dismissed as Seoul faces mounting U.S. tariff pressure and unresolved bilateral trade issues.
AI-generated summary
South Korea faces U.S. pressure over investment commitments and disputes regarding fines against e-commerce giant Coupang.
SEOUL, Aug. 15 (Yonhap) -- South Korea's chief trade negotiator has been dismissed from his post, officials said Saturday, as Seoul faces mounting tariff pressure from the United States amid a series of unresolved bilateral trade issues.
Yeo Han-koo was notified of his dismissal by the Ministry of Personnel Management on Friday, an official at the Ministry of Trade, Industry and Energy said, without elaborating on the reason for the decision.
The dismissal comes at a sensitive time for bilateral trade relations, as Seoul faces growing U.S. pressure to accelerate its investment commitments under a bilateral tariff deal and a dispute over fines against U.S.-listed e-commerce giant Coupang over a personal data breach.
On Thursday, U.S. President Donald Trump signed a proclamation imposing new tariffs on drones and their components, including a 15 percent levy on imports from South Korea.
Yeo previously served as trade minister under the Moon Jae-in administration and was reappointed to the post following the launch of the Lee Jae Myung administration in May 2025.
Since returning to the post, he has played a key role in trade negotiations with Washington, including talks over U.S. tariffs and South Korea's investment commitments.

한국 선박 최초로 컨테이너선 '팬스타 아크로호'가 북극항로 시범 운항을 위해 부산에서 출항했다. 이번 운항은 부산과 유럽을 잇는 최단 거리 항로 개척을 목표로 하며, 약 45일간 총 6,400km의 북극해 구간을 통과할 예정이다.

South Korea and Japan held a vice finance ministerial meeting in Tokyo on Friday to discuss global financial trends, bilateral cooperation, and multilateral platforms like ASEAN+3 and G20.

미국과 캐나다의 무역 협상이 최종 결렬되면서 미국이 22일부로 약 200억달러 상당의 캐나다산 수입품에 50% 관세를 부과하기로 했다. 이에 캐나다도 동일한 규모의 보복 관세를 예고하며 양국 관계가 급격히 냉각되고 있다.

Samsung SDI plans to sell a 33% stake in Samsung Display for 4.45 trillion won ($3.21 billion) to finance overseas battery production facilities, specifically targeting its Synergy Cells plant in Indiana, U.S.

The South Korean government has extended its fuel price ceilings for gasoline, diesel, and kerosene for another four weeks. The decision follows rising Brent crude prices, which reached $90 per barrel due to ongoing instability in the Middle East.

엔화 약세가 지속될 것이라는 전망에 따라 일본 내 개인과 기업의 외화 예금 잔고가 2분기 기준 26조 1천억 엔으로 전년 동기 대비 18% 급증했습니다. 이는 1998년 이후 최대 증가 폭으로, 개인의 외화 자산 전환 움직임이 두드러지고 있습니다.