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The Next Trade War: Trump Threatens To Terminate "Horrible" Trade Deal With South Korea

Two days after launching a trade war with Canada by imposing tariffs on lumber imports, one day after nearly terminating NAFTA (but stopping just shy after an alleged phone call from the leaders of Mexico and Canada), Trump has finally turned his attention to the one nation whose GDP consists of roughly 60% net trade, and which we said several months ago, is far more likely to be punished for trade malpractice than China: South Korea.

South Korea On Heightened Alert As North Prepares For Major Army Event

South Korea On Heightened Alert As North Prepares For Major Army Event

Just two days after China warned that April 25 is the "highest probability" day for a North Korean nuclear test, South Korea said on Friday that it was on heightened alert ahead of another important anniversary in North Korea, with a large concentration of military hardware amassed on both sides of the border amid concerns about a new nuclear test by Pyongyang.

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