(EWY)

It's the new president's tax proposals that upset the market, not the 15% U.S. tariffs

South Korea's exports rose for the second straight month in July, beating market expectations on strong chip demand and shipments being moved forward ahead of higher U.S. tariffs, which are expected t...

General Motors is a big beneficiary of lower import tariffs on South Korea. The U.S. auto maker builds cars there.

This is a developing story. Check back for updates.

“I am pleased to announce that the United States of America has agreed to a Full and Complete Trade Deal with the Republic of Korea,” Trump, 79, wrote on Truth Social.

The pickup in Asia's fourth-largest economy was largely driven by resilient exports and policy support.

While there has been decent semiconductor performance, the gains in EWY have come primarily from the exceptional year for the Won and corporate governance reform. Korea has lots of highly discounted, ...