Lee Jae-myung

South Korean Regulators Threaten U.S.-Korea Trade Understanding with Anti-American Tech Crackdown

In the wake of Washington DC and Seoul signing a joint factsheet meant to reset trade tensions and stop discriminatory treatment of U.S. tech companies in South Korea, a pair of powerful Korean officials are already signaling they may torpedo the entire agreement — all to advance burdensome, one-sided tech regulations that overwhelmingly target American firms while giving Korean and Chinese tech giants a free pass.

South Korea's Lee Jae-myung and Donald Trump

Trump Administration Abruptly Cancels South Korea Trade Talks

The government of South Korea confirmed on Friday that officials in the administration of President Donald Trump canceled talks scheduled for Friday intended to negotiate a new bilateral trade agreement, hours before Finance Minister Koo Yun-Cheol was set to board a plane to Washington.

Koo Yun-cheol, nominee for South Korea's finance minister, speaks during a confirmation he