US-South Korea tariff talks planned in Washington for next week
South Korea will hold negotiations with the US government next week over the trade tariffs threatened by US President Donald Trump.
According to a government statement on Sunday, Seoul will send Trade Minister Ahn Duk Geun and Finance Minister Choi Sang Mok to Washington for the talks, which are expected to take place on Thursday and Friday.
According to the statement, the negotiations are being held at the request of the US government.
Interim President Han Duck Soo had previously signalled an accommodating stance regarding the trade measures.
South Korea "will not fight back" against the US import tariffs, Han said in an interview with the Financial Times published on Sunday.
In it, he emphasized South Korea's historical debt to the US: 'After the devastation oF the Korean war ... the United States gave us aid, technology transfer, investments and security assurances,' he said, enabling the country's current prosperity.
Earlier this month, Donald Trump announced a so-called "reciprocal tariff" of 25% on South Korea, before then announcing a 90-day suspension of the measures.
South Korea's export-heavy economy is likely to be hit particularly hard by the tariffs.
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Vox
11 minutes ago
- Vox
Why Donald Trump soured on some of his own judges
Late last month, approximately 1 billion news cycles ago, an obscure federal court made President Donald Trump very, very mad. The US Court of International Trade ruled unanimously on May 28 that the massive tariffs Trump imposed after taking office again are illegal. That ruling was suspended the next day by the US Court of Appeals for the Federal Circuit, and the tariffs will be allowed to remain in effect pending a ruling (arguments are scheduled for late July). But the appellate court's decision didn't soothe Trump. He took to Truth Social on May 29 to post a 510-word screed attacking the judges on the Court of International Trade, before turning his ire toward a more surprising candidate — Leonard Leo, the most important person in the conservative legal movement. 'I was new to Washington, and it was suggested that I use The Federalist Society as a recommending source on Judges,' Trump wrote, reminiscing about his first term. 'I did so, openly and freely, but then realized that they were under the thumb of a real 'sleazebag' named Leonard Leo, a bad person who, in his own way, probably hates America, and obviously has his own separate ambitions.' This breakup surprised many commentators. But not David French. 'If you're familiar with how the conservative legal movement has interacted with MAGA, you have seen this coming for a while,' French, a New York Times columnist, lawyer, and onetime member of the Federalist Society, told Today, Explained co-host Sean Rameswaram. 'You knew this was coming after 2020. Because in 2020, after Trump had really stocked the federal judiciary with an awful lot of FedSoc judges and justices…none of them, zero of them, helped him try to steal the election.' French spoke with Today, Explained about the origins of the (other) big, beautiful breakup and what it means for the Trump administration and the future of the federal judiciary. Below is an excerpt of the conversation, edited for length and clarity. There's much more in the full podcast, so listen to Today, Explained wherever you get podcasts, including Apple Podcasts, Pandora, and Spotify. Are you now or have you ever been a member of the Federalist Society? I am not now, but I have been a member of the Federalist Society. I was a member of the Federalist Society either all three years of law school or the first two years of law school. But it was also a very different time. I think the Federalist Society at the law school at that time, when we would have meetings, maybe 10 or 12 people would show up. Things have changed. One of the most conspicuous changes is that FedSoc has become an enemy of the president of the United States. From [2020] forward, you began to see this drifting apart between FedSoc and MAGA. When Trump comes back into office and he doubles down on being Donald Trump, all of this became very, very predictable. Because if the Trump administration's argument dovetailed with their originalist legal philosophy, they would rule for it. But if it was just simply Trump's lawless demands, they were going to reject it. And Trump is baffled by this distinction. He's baffled by it because congressional Republicans haven't drawn this line at all. When Trump's demands conflict with conservative principles, they will yield to Trump's demands every time. And the judges and justices have taken the opposite tack to such an extent that Republican-nominated judges have ruled against Trump about 72 percent of the time, which is remarkably close to about the 80 percent or so of the time that Democratic-appointed judges have ruled against Trump. You mentioned a whole host of issues where FedSoc judges have perhaps not given Trump what he wanted. Does the one that finally tips Trump off to go for it on Truth Social surprise you? It doesn't, because what really set him off was striking down tariffs. To the extent that Trump loves a policy, he loves tariffs. The Court of International Trade struck it down, and it was pointed out to him that one of the judges on the Court of International Trade that struck down the tariffs was appointed by him. He had been ranting about judges in general. Now he got specific with Leonard Leo; he got specific with the FedSoc. People like me who'd been watching this for a very long time were not wondering if this was going to happen. We were just wondering what was going to be the tipping point: Was it going to be a Supreme Court case? Was it going to be an appellate court? It turns out it was the Court of International Trade that brought us to this moment. Leonard Leo did not author a decision from this court. Why is he mad at Leonard Leo? Leonard Leo has long been a key figure in the Federalist Society and was very much a part of the first Trump administration, working closely with the administration to put forward judges. For a long time, Trump looked at his judicial nominations and waved them like a flag to the American conservative public saying, look what I did. But the more the American conservative public started loving Trump as Trump, versus Trump as what policy wins he could deliver, the less he started waving these other ideological flags, and the more it became all about him. And so this meant that this marriage was going to be temporary almost from the beginning, unless FedSoc capitulated. And if you know anything about FedSoc and the people who belong to it, and the people who've come up as judges, I knew they weren't going to capitulate. It's a very different culture from political conservatism. Do you think Donald Trump didn't realize that? I don't think he realized that at all. He's had this entire history politically of when Republicans disagree with him, they either fall in line or they're steamrolled. And so it's so interesting to me that he actually began that Truth Social rant that lacerated Leonard Leo and the FedSoc with this question: What's going on? Why is this happening? And I totally understand his bafflement. Because all of the political people had surrendered, or almost all of them. And so when he turns around and these judges and justices just keep ruling against him, you can understand why he would take that as, 'What's going on here? I don't get this. I don't understand this. I've been assured that these were good judges.' And so that's where you get to that real tension. Do you think this rift with the Federalist Society will affect how he appoints judges going forward? The short answer to that question is yes. The longer answer to that question is heck yes. A lot of people were worried about this because they were thinking, Okay, Trump 1.0: He has General Mattis as his secretary of defense. Trump 2.0: He has Pete Hegseth. You can do this all day long. The Trump 1.0 early nominations — sound, serious, establishment conservatives. Trump 2.0 — often MAGA crazies. The question was, 'Is this same pattern going to establish itself in Trump 2.0 on judges?' And then he appointed to the Third Circuit Emil Bove, this DOJ enforcer of his who was responsible for the effort to dismiss the Eric Adams case. He's nominated him for the Third Circuit, and a lot of people are now saying, 'Oh, now that's your harbinger right there.'
Hamilton Spectator
14 minutes ago
- Hamilton Spectator
Disorder breaks out at New Jersey immigration detention center
NEWARK, N.J. (AP) — Protesters outside a New Jersey federal immigration detention center locked arms and pushed against barricades as vehicles passed through gates, inmates inside relayed word that meals had been delayed, and Newark's mayor cited reports of a possible uprising and escape as disorder broke out at the facility. Much is still unclear about what unfolded at the Delaney Hall facility in Newark, where Immigrations and Customs Enforcement opened a 1,000-bed facility this year as part of President Donald Trump's crackdown on illegal immigration. Photos and video from outside the facility Thursday show protesters pushing against the gates amid word that detainees inside were upset about delayed meals. Amy Torres, executive director of New Jersey Alliance for Immigrant Justice, said some officers sprayed pepper spray and tackled and dragged protesters away from the facility. She said some protesters had minor injuries, but no one was hit by the vehicles. An attorney for someone detained at the facility told told that people inside became violent after meals were delayed. 'It's about the food, and some of the detainees were getting aggressive and it turned violent,' attorney Mustafa Cetin said. 'Based on what he told me it was an outer wall, not very strong, and they were able to push it down.' Newark Mayor Ras Baraka, a Democrat who's been critical of Trump's immigration crackdown, early Friday called for an end to this 'chaos and not allow this operation to continue unchecked.' 'We are concerned about reports of what has transpired at Delaney Hall this evening, ranging from withholding food and poor treatment, to uprising and escaped detainees,' he said. It's unclear whether there have been any escapes. Messages seeking comment were left with ICE, the Department of Homeland Security and local police. Delaney Hall has been the cite of clashes this year between Democratic officials who say the facility needs more oversight and the administration and those who run the facility. Baraka was arrested May 9 , handcuffed and charged with trespassing. The charge was later dropped and Democratic Rep. LaMonica McIver was later charged with assaulting federal officers stemming from a skirmish that happened outside the facility. She has denied the charges said she was doing her job as a lawmaker conducting oversight. Error! Sorry, there was an error processing your request. There was a problem with the recaptcha. Please try again. You may unsubscribe at any time. By signing up, you agree to our terms of use and privacy policy . This site is protected by reCAPTCHA and the Google privacy policy and terms of service apply. Want more of the latest from us? Sign up for more at our newsletter page .
Miami Herald
19 minutes ago
- Miami Herald
Korean financial groups offer unconventional services
SEOUL, June 13 (UPI) -- South Korean financial groups are increasingly venturing beyond traditional banking, offering services like food delivery and used car platforms, which blur the boundary between finance and daily life. Shinhan Bank, one of the country's leading lenders, has announced that its food delivery app surpassed 5 million users, four years after its debut in 2022. Initially, the service was available in just four cities, including Seoul, which prompted critics to question whether it would be able to stay alive in competition with established players. However, Shinhan expanded the service across the country in 2023 and recorded rapid growth. Now, it runs 24/7 through both a dedicated delivery app and Shinhan's banking app. "Our delivery app is aimed at supporting small business owners. Hence, we operate on a significantly reduced commission rate of just 2%,compared to the market average of around 10%," a Shinhan spokesman told UPI. "Such an approach appears to have worked, as more than 30 regional governments have partnered with us. Going forward, we will continue to focus on helping small businesses boost their sales and profits," he said. The experiment by Shinhan Bank, a representative unit of Shinhan Financial Group, is not an isolated case. Other Korean financial firms also have begun to offer lifestyle services unrelated to conventional financial sectors. In particular, Shinhan's nemesis KB Financial Group was faster in tapping into the non-finance business. Its subsidiary, KB Capital, created an all-in-one used car platform in 2016 to introduce a one-stop service for buying, selling and financing used cars. It has grown into one of the country's top three players with more than 3 million subscribers. Unlike existing rivals, most listings of the KB platform come from actual car owners rather than dealers. The peer-to-peer model not only reduces middleman costs, but also aligns with consumer demand for transparency and price fairness, according to the company. "In 2016, the used car transactions business in Korea was widely regarded as a 'lemon market.' Consumers were concerned that they couldn't be sure of a vehicle's true condition or history. We attempted to deal with that," a KB Capital representative said. "By focusing on real-owner listings, integrating financing options,and providing vehicle warranties, we've helped reshape the used car market into one that consumers can finally trust," he said. Market observers believe that this expansion into the lifestyle realm is only beginning although there are regulatory challenges. "The financial market here is overcrowded, leading to hyper-competition. Hence, financial groups are searching for new cash cows," Seoul-based consultancy Leaders Index CEO Park Ju-gun said in a phone interview. "But legal restrictions on non-finance business remain a major hurdle. The new administration may ease such regulations, but it seems the possibility is not so high," he said. President Lee Jae-myung from the Democratic Party was elected this month to become the country's 21st state head. He has taken issue with the high profitability of financial companies, especially banks. Suh Yong-gu, an economics professor from Sookmyung Women's University in Seoul, agreed. "We are entering the 'Era of Big Blur,' where the industry boundaries collapse. Our financial outfits are desperate to grapple with the big trend," Suh said. "However, Korean financial institutions face strict legal prohibitions in advancing into non-finance sectors. There are questions about whether all the regulations are still necessary in the Era of Big Blur. Regulatory reform will ultimately determine how far they can go," he said. Professor Lee Eun-hee from Inha University stressed the need to prioritize consumers. "While certain regulations on financial institutions are essential, the government should reevaluate them when easing those rules clearly enhances consumer convenience," she said. Beyond their expansion into non-financial sectors, Shinhan and KB have also actively supported professional athletes and sports teams. KB sponsors Park In-bee, the 2016 Olympic gold medalist in golf, while Shinhan signed a sponsorship deal with Lim Jin-hee, who placed second in the LPGA Rookie of the Year standings in 2024. Both financial groups also operate teams in the Women's Korean Basketball League, a six-team league they helped establish as founding members in 1998. Copyright 2025 UPI News Corporation. All Rights Reserved.
