Auto exports grow over 2 pc in S. Korea in June despite US tariffs IANS | 17 Jul, 2025 South Korea's automobile exports rose from a year earlier in June as a sharp rise in shipments to Europe and Asia more than offset a decline in shipments to the United States caused by US tariffs, data showed on Thursday.
Brazilian President Luiz Inacio Lula da Silva on Thursday (Indian time) firmly rejected any form of foreign control in response to US President Donald Trump's announcement to impose a 50 per cent tariff on goods made in the South American country.
South Korea's central bank kept its benchmark interest rate unchanged on Thursday, taking a cautious approach amid concerns about rapidly rising housing prices, growing household debt and uncertainties stemming from the United States' tariff policy.
South Korea's current account surplus widened in May from a month earlier, despite falling exports, due mainly to falling global oil prices and an increase in dividend income, central bank data showed on Friday.
South Korea will push to develop hydrogen-based steelmaking technology by 2030 to support the local steel industry's efforts to bolster its global competitiveness and achieve carbon neutrality, the industry ministry said on Thursday.
