A major breakthrough in U.S.-South Korea trade relations has been announced following intense discussions at the APEC Summit in San Francisco. Both sides reached an understanding to slash U.S. auto tariffs on South Korean imports from 25% to 15%, marking a significant shift in Washington’s trade policy. Lee Jae Myung’s top aide confirmed the development, stating that Seoul will invest nearly $350 billion in the United States, including $200 billion in cash commitments and $150 billion toward shipbuilding and industrial cooperation. WATCH
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At the Global Fintech Fest 2025 in Mumbai, PM Narendra Modi and UK PM Keir Starmer made a powerful statement of friendship, arriving together and showcasing deepening India–UK ties. The event, themed “Empowering Finance for a Better World,” brought together global innovators, regulators, and CEOs. PM Starmer announced a £6 billion boost in trade and investment.
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