Iranian Foreign Ministry: "Continuing Message Exchanges with the U.S. and Activities of Mediating Countries"
Esmaeil Baghaei, Spokesperson for the Iranian Ministry of Foreign Affairs [Xinhua, Yonhap News file photo]Esmaeil Baghaei, spokesperson for the Iranian Ministry of Foreign Affairs, stated on the 26th
President Yoon: "Do You Think You Are Safe from the Special Counsel?"... Final Statement Video Released
President Yoon Suk Yeol rebuking the special prosecutor on the 24th. [Court video / @birds_justice X account subtitle GIF] A video of President Yoon Suk Yeol's closing statement at his trial rega
President Yoon, regarding the first-instance ruling on the Public Official Election Act: “An excessive political verdict that distorts the facts… We will appeal immediately.”
The first-instance sentencing hearing for President Yoon Suk Yeol regarding violations of the Public Official Election Act is being broadcast live at Seoul Station on the 27th. [Photo=Yonhap News]Pres
WSJ: "SK Hynix ADR Premium Is a Sign of AI Trading Overheat"
Advertisement for SK Hynix ADR listing in New York's Times Square [Reuters=Yonhap News file photo]The Wall Street Journal (WSJ) has pointed out that the price of SK Hynix’s American Depositary Recei
'Godfather of Japanese Mystery Novels' Keigo Higashino Passes Away After Battle with Cancer at 68
Famous Japanese mystery novelist Keigo Higashino [AFP=Yonhap News]It has been belatedly reported that Keigo Higashino, the "godfather of Japanese mystery novels" and author of bestsellers such as "The
[Park Pil-kyu Security Column] To the Ignorant Trying to Clothe a Beast in Sheep's Clothing
Rep. Kim Byung-joo of the Democratic Party of Korea [Photo=Yonhap News]“The Air Force Academy doesn't teach you how to fly a plane!” “The Army, Navy, and Air Force academies are exactly the
US President Trump. Yonhap News.
U.S. President Donald Trump has decided to impose a 25% additional tariff on India, which imports oil from Russia, by introducing a 'secondary tariff' that targets sanctions against Russia.
The 'secondary tariff' is imposed with punitive intent on products from countries that purchase Russia's crude oil, petroleum products, and natural gas from the United States.
On the 6th (local time), President Trump signed an executive order to impose an additional 25% tariff on Indian products in response to the Indian government's direct and indirect import of Russian oil.
In the executive order, President Trump stated, "I have become aware that the Government of India is currently directly or indirectly importing oil (including crude oil and various petroleum products) from the Russian Federation," adding, "Therefore, pursuant to applicable law, an additional tariff rate of 25 percent shall apply to articles of India imported into the United States."
President Trump stated that the order will take effect in 21 days.
Earlier, on the 4th, President Trump had warned that tariffs on India would be "significantly increased," pointing to India's large-scale purchases of Russian oil.
As President Trump had previously decided to impose a 25% country-specific tariff (reciprocal tariff) on India starting on the 7th, the tariff rate on India will rise to 50% in three weeks, including this 25% tariff.
This is seen as pressure related to the ongoing trade negotiations with India, which have been facing difficulties, as well as pressure targeting Russia's funding sources, which continues its offensive against Ukraine.
This measure comes shortly after President Trump's special envoy Steve Witkoff met with President Vladimir Putin in Russia, leading to speculation that President Putin may not have shown a proactive stance regarding a ceasefire despite the envoy's persuasion.
In his executive order, President Trump did not specify China, another major importer of Russian energy, as a target for the secondary tariff.
However, President Trump directed in the executive order that if the Secretary of Commerce determines that a country is purchasing Russian oil, they shall consult with the Secretaries of other relevant departments and recommend actions to him, including the imposition of an additional 25% tariff. This is interpreted as leaving open the possibility of imposing the secondary tariff on China as well.
Yonhap News
Yonhap News More by this author