South Korea's customs service has detected a significant increase in attempts to disguise foreign goods, primarily from China, as Korean exports to the United States. This is being done to circumvent President Trump's tariffs; in the first quarter alone, violations worth $20.81 million were detected.
South Korea will not resist US tariffs due to a "historical sense of duty" towards America, which helped the country after the war. Seoul is ready to negotiate to find mutually beneficial solutions and make concessions on import requirements.
The South Korean government plans to hold presidential elections on June 3 after the removal of Yoon Suk-yeol. Candidate registration will last until May 11, and the campaign will start on May 12.
The Constitutional Court of South Korea has upheld the impeachment of President Yoon Suk-yeol over the declaration of martial law. Snap elections must be held in the country within 60 days.
New US import duties have sparked a wave of criticism from trading partners. Country leaders and businesses have spoken out about the negative consequences for the global economy.
Seoul is preparing for economic challenges after the US announced new tariffs. Prime Minister Han Duck-soo instructed to support the affected industries and intensify negotiations with Washington.
Forest fires resumed in southeastern South Korea at night. Authorities sent fire helicopters to extinguish the fires. The death toll has reached 30, with dozens injured.
As a result of large-scale forest fires in South Korea, 18 people died, and another one is missing. The fire destroyed thousands of hectares of forest and hundreds of buildings.
The Constitutional Court of South Korea rejected the impeachment of Prime Minister Han Duck-soo, reinstating him as acting president. This happened against the backdrop of a political crisis and anticipation of a decision regarding the impeachment of President Yoon.