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Sign seen at a liquor store in B.C., Canada earlier this year.

REUTERS/Chris Helgren

How are major economies bracing for the impact of Trump tariffs?

As the world reels from Donald Trump's on-again off-again "Liberation Day" tariffs, nations are lining up tomake deals – but also scrambling to shield their economies from the fallout.

The EU has proposed a "zero-for-zero" tariff agreement on industrial goods. But the bloc is prepared to enact a 25% tariff on US products if negotiations falter, and is also considering deploying itsnew anti-coercion instrument, which enables a range of retaliatory measures including export controls, intellectual property restrictions, and foreign investment limits.

North of the US border, Canadaenacted 25% counter-tariffs on US vehicles. The revenue is earmarked to support Canadian auto workers harmed by the US tariffs. Canadian Prime Minister Mark Carney and Trump had also previouslyagreed that trade negotiations will take place after the Canadian election, scheduled for April 28.

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North Korea's leader Kim Jong Un visits a shipyard, in this photo released by North Korea's official Korean Central News Agency on March 8, 2025.

KCNA via REUTERS

Kim Jong Un shows off North Korea’s first nuclear-powered sub

Cigarette in hand, and with the toothiest of grins, North Korean leader Kim Jong Un posed for photographs at a shipyard next to the makings of a “nuclear-powered strategic guided missile submarine.” The vessel appears to be a 6,000-ton-class or 7,000-ton-class one, with a payload of 10 missiles, in line with plans unveiled at the Hermit Kingdom’s 2021 party congress.

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Han Duck-soo, now the acting South Korean prime minister, gives a speech during the opening ceremony of the AI Global Forum in Seoul, South Korea, on May 22, 2024.

REUTERS/Kim Soo-hyeon/File Photo

South Korea: Guy who replaced the impeached guy gets impeached

This story gets wilder by the day. On Friday, less than two weeks after President Yoon Suk Yeol was stripped of his duties for attempting to impose martial law, the opposition impeached his successor, Yoon’s fellow People Party member Han Duck-soo.

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US Secretary of State Antony Blinken (left) and South Korean Foreign Minister Park Jin hold a joint press conference after their talks in Seoul on Nov. 9, 2023.

Kyodo via Reuters

Blinken comes home, Biden gears up for Xi

US Secretary of State Anthony Blinken wrapped up a tour of Asian nations last week, as the United States worked to shore up support for its positions on issues including Russia’s war in Ukraine, China’s increased belligerence toward Taiwan, and the Israel-Hamas war in the Middle East.

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Workers carry boxes of bread loaves at a bakery in Beirut, Lebanon.

REUTERS/Mohamed Azakir

Hard Numbers: Lebanon’s bread crisis, US prices soar, Boris Johnson fined, Koreans start from zero

15.3: The Lebanese government will give about $15.3 million in assistance to importers to help assuage a growing bread crisis. As elsewhere in the Middle East and North Africa, rising costs for grains and fertilizer as a result of the war in Ukraine are straining the country’s already-battered economy.
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The Two Koreas: Insights From Veteran Korea Correspondent Jean Lee | GZERO World

The two Koreas: Insights from veteran Korea correspondent Jean Lee

Veteran Korea correspondent and former AP Pyongyang bureau chief Jean Lee discusses the two Koreas with Ian Bremmer on GZERO World. From K-Pop supergroup BTS to Oscar-winner Parasite to Netflix global sensation Squid Game, South Korea seems to be churning out one massive cultural hit after another. And North Korea is taking notice.

Watch this episode of GZERO World with Ian Bremmer: The Korean Peninsula from K-Pop to Kim Jong-un

Subscribe to GZERO on YouTube to be the first to see new episodes of GZERO World with Ian Bremmer: https://bit.ly/2TxCVnY

South Korea's Delicate US-China Balancing Act | GZERO World

South Korea's delicate US-China balancing act

South Korea is a close US ally, but also shares a border and does a lot of trade with China, so it's always walking a tightrope between Washington and Beijing. The South Koreans, says veteran Korea correspondent Jean Lee, are worried about growing US-China competition — but there's not much they can do about it. "We can't choose. We live next to China, we have lived next to China for millennia, but we are a staunch US ally," she explains. "I think there's no question that their loyalty lies with the United States, but it's very clear as well that so much of their financial future lies with China as well. Watch a clip of Lee's interview with Ian Bremmer on GZERO World.

Watch this episode of GZERO World with Ian Bremmer: The Korean Peninsula from K-Pop to Kim Jong-un

Subscribe to GZERO on YouTube to be the first to see new episodes of GZERO World with Ian Bremmer: https://bit.ly/2TxCVnY

Podcast: A tale of two Koreas with veteran Korea journalist Jean Lee

Transcript

Listen: From K-Pop supergroup BTS to Oscar-winner Parasite to Netflix global sensation Squid Game, South Korea seems to be churning out one massive cultural hit after another. And North Korea is taking notice. This week, a tale of two very different Koreas. Jean Lee, former AP Pyongyang bureau chief and veteran Korea correspondent, speaks with Ian Bremmer on GZERO World.

Subscribe to the GZERO World Podcast on Apple Podcasts, Spotify, Stitcher, or your preferred podcast platform, to receive new episodes as soon as they're published.

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