Trump wants to impose a 25% tariff on South Korea, but it's been postponed. Will three more weeks be enough time to negotiate? Will there be another extension?

South Korea's central bank held interest rates steady on Thursday and maintained an accommodative monetary stance, as policymakers were cautious about high household debt and warned of "significant" economic uncertainty from U.

In a widely expected decision, the Monetary Policy Board of the Bank of Korea (BOK) held its key rate steady at 2.5 percent during a rate-setting meeting in Seoul, reports Yonhap news agency

Paul Shin, whose decadeslong career in journalism, including nearly 20 years with The Associated Press, placed him at the heart of South Korea’s most turbulent and transformative moments since the 1960s,

South Korea said it planned to intensify trade talks with the United States and considered U.S. President Donald Trump's plan for a 25% tariff from August 1 as effectively extending a grace period on implementing the duties.

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President Donald Trump on July 7 threatened to impose 25 percent tariffs on Japan and South Korea, and levies as high as 40 percent on 12 other countries, if they did not reach a deal by August 1.