US court strikes down Trump tariffs again as Korea watches next trade front SEOUL, May 08 (AJP) -President Donald Trump’s global tariff regime has been struck down by U.S. courts yet again, marking the fifth consecutive major legal defeat for his second-term inward trade strategy and intensifying uncertainty for export-dependent allies such as South Korea. On Thursday, the U.S. Court of International Trade ruled that Trump illegally imposed a 10 percent blanket tariff on most imports using Section 122 of the Trade Act of 1974, concluding the administ May 8, 2026

Singles' childbirth intentions rise above 40% in South Korea SEOUL, May 7 (AJP) - Four out of 10 South Korean adults viewed having children positively, a recent survey showed, adding to signs of a gradual demographic rebound in a country long plagued by the world's lowest birth rate. The fifth nationwide survey on perceptions of marriage, childbirth and parenting, conducted by the Presidential Committee on Ageing Society and Population Policy (PCASPP), found increasingly positive attitudes toward family formation among adults aged 25 to 4 May 7, 2026

Proposal to amend constitution fails to be put to vote amid PPP boycott SEOUL, May 7 (AJP) - A proposed bill to partially amend the constitution, led by the ruling Democratic Party (DP), stalled at the National Assembly in Seoul on Thursday after the main opposition People Power Party (PPP) boycotted a parliamentary vote, leaving it short of the quorum required to proceed with only 178 lawmakers taking part. National Assembly speaker Woo Won-shik and DP lawmakers vowed to reconvene another plenary session on Friday to put the bill back to a vote. May 7, 2026

South Korea, Japan hold first vice ministerial '2+2' talks in Seoul SEOUL, May 7 (AJP) - South Korean and Japanese foreign and defense officials met in Seoul on Thursday to discuss ways to strengthen security cooperation. In the format of their first "2+2" vice ministerial meeting, South Korea's First Vice Foreign Minister Park Yoon-joo and Vice Defense Minister Lee Doo-hee met with their respective counterparts Takehiro Funakoshi and Koji Kano. Thursday's meeting, which came after the previous one in Tokyo in November 2024, w May 7, 2026

South Korea to send special envoy to Costa Rican president's inauguration SEOUL, May 6 (AJP) - South Korea will send former lawmaker Yang Kyung-sook as a special envoy to Costa Rica as the country's new president is set to be inaugurated this week. In a written press briefing, presidential spokesperson Kang Yu-jung said Yang is set to attend Costa Rican President-elect Laura Fernandez's inauguration ceremony on Friday. She will deliver a personal letter from President Lee Jae Myung to Fernandez and discuss South Korea's foreign policy p May 6, 2026

UPDATE: Korea's inflation hits 21-month high, markets rally on *Updated with additional information and market response SEOUL, May 6 (AJP) — South Korea’s inflation accelerated to a 21-month high in April as a monthlong blockade of the Strait of Hormuz drove up imported fuel costs and price pressure from gas pumps to dining tables. According to data released by the Ministry of Data and Statistics (MDAS) on Wednesday, the consumer price index (CPI) rose 0.5 percent from March and 2.6 percent from a year earlier, up from 2.2 pe May 6, 2026

South Korea reviews Hormuz mission after Trump demands military support SEOUL, May 05 (AJP) - The South Korean presidential office Blue House announced Tuesday it is reviewing military participation in a United States-led maritime operation following an explosion on a South Korean cargo ship. The move indicates a shift in Seoul's policy as it evaluates international maritime security against its own domestic legal requirements and peninsula defense needs. The HMM NAMU, a vessel operated by the flagship carrier HMM, suffered an explosion and fire a May 5, 2026

South Korea's annual labor hours drop to 1,739 by 2030: data SEOUL, May 05 (AJP) - South Korea is projected to reduce its annual labor hours to 1,739 by 2030, a shift that signals the nation's gradual departure from a culture of long-duration work toward global standards, data released by the Ministry of Employment and Labor showed Tuesday. The trajectory, identified in a report by the Korean Association of Industrial Relations, meets the objective of the lbor ministry to align with the average of the Organisation for Economic Co-operat May 5, 2026

INTERVIEW: Chip czar rides AI chip boom to challenge political Goliath for Gyeonggi governorship SEOUL, May 05 (AJP) - Bidding for the gubernatorial post that birthed the current president — whose approval rating is nearing 60 percent — while facing a ruling-party heavyweight known for colliding head-on with disgraced former president Yoon Suk Yeol would not be an easy race for most politicians. But for Yang Hyang-ja, the determination appears rooted in something deeper than party politics: an almost singular devotion to semiconductors, the industry responsible for May 5, 2026

South Korea legalizes credit card issuance for minors SEOUL, May 04 (AJP) - South Korea officially authorized the issuance of credit cards to minors aged 12 and older on Monday, institutionalizing a digital payment system that reflects the country’s rapid transition toward a cashless economy. The measure, which took effect May 4, replaces a temporary pilot program with a permanent legal framework under the Specialized Credit Financial Business Act. The regulatory shift aims to eliminate the widespread but technically prohibited May 4, 2026