Yonhap News Summary
The following is the first summary of major stories moved by Yonhap News Agency on Thursday.
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■ (2nd LD) U.S. launches Section 301 trade investigation into S. Korea, China, Japan, 13 other economies: USTR
WASHINGTON -- U.S. President Donald Trump's administration opened a trade inquiry into South Korea, China, Japan and 13 other economies to uncover "unfair" trade practices related to "structural" excess capacity and production, a move that might result in tariffs, the U.S. Trade Representative (USTR) said Wednesday.
In a press call, USTR Jamieson Greer said that the Trump administration published a Federal Register notice initiating an investigation under Section 301 of the 1974 Trade Act -- a legal provision that allows the USTR to investigate unfair foreign trade practices on a country-by-country basis.
https://en.yna.co.kr/view/AEN20260312000352315?section=national/diplomacy
his file photo, released by Reuters, shows U.S. Trade Representative Jamieson Greer arriving for U.S. President Donald Trump's State of the Union address to a joint session of Congress at the U.S. Capitol in Washington on Feb. 24, 2026. (Yonhap)
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■ (2nd LD) Trump says 'we've won' in war with Iran
WASHINGTON -- U.S. President Donald Trump claimed Wednesday that "we've won" in the war against Iran after he said in a media interview that the ongoing conflict will end "soon" as there is "practically nothing left to target."
Trump made the remarks during a public event in Hebron, Kentucky, as the U.S. military operation, codenamed "Operation Epic Fury," entered its 12th day, seeking to destroy Iran's missile capabilities and its Navy, and sever any pathway to nuclear arms.
https://en.yna.co.kr/view/AEN20260311011652315?section=national/diplomacy
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■ (LEAD) PM set to visit U.S. for talks on U.N. hub, possible meeting with Vance
SEOUL -- Prime Minister Kim Min-seok is set to depart for the United States on Thursday to promote South Korea's bid to host a U.N. hub and meet with senior U.S. officials, possibly including Vice President JD Vance.
Kim's weeklong trip, which will also take him to Geneva, Switzerland, comes as the government is bidding to host the tentatively named "U.N. AI hub," an initiative aimed at bringing together U.N. bodies, and South Korea's private and public sectors to produce AI-based solutions to global issues.
https://en.yna.co.kr/view/AEN20260312001251315?section=national/politics
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■ National Assembly set to vote on bill on U.S. investment pledges
SEOUL -- The National Assembly is set to hold a plenary session Thursday to vote on a special bill on South Korea's US$350 billion investment pledge to the United States under a trade deal between the two nations after rival parties reached a bipartisan agreement earlier this week.
On Wednesday, the ruling Democratic Party (DP) and the main opposition People Power Party (PPP) approved the bill during a meeting of the parliamentary legislation and judiciary committee.
https://en.yna.co.kr/view/AEN20260312001600315?section=national/politics
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■ Finance chief promises full gov't support for businesses grappling with Middle East uncertainties
SEOUL -- The government will provide full support for businesses by using all available measures to counter heightened economic uncertainty stemming from the Middle East crisis, Finance Minister Koo Yun-cheol said Thursday.
"As the Middle East situation has continued for over two weeks, global economic uncertainty is higher than ever," Koo said at the inaugural meeting of a consultative body formed between the finance ministry and six major business lobby groups.
https://en.yna.co.kr/view/AEN20260312003800320?section=economy-finance/economy
graceoh@yna.co.kr
(END)
The following is the first summary of major stories moved by Yonhap News Agency on Thursday.
-----------------
■ (2nd LD) U.S. launches Section 301 trade investigation into S. Korea, China, Japan, 13 other economies: USTR
WASHINGTON -- U.S. President Donald Trump's administration opened a trade inquiry into South Korea, China, Japan and 13 other economies to uncover "unfair" trade practices related to "structural" excess capacity and production, a move that might result in tariffs, the U.S. Trade Representative (USTR) said Wednesday.
In a press call, USTR Jamieson Greer said that the Trump administration published a Federal Register notice initiating an investigation under Section 301 of the 1974 Trade Act -- a legal provision that allows the USTR to investigate unfair foreign trade practices on a country-by-country basis.
https://en.yna.co.kr/view/AEN20260312000352315?section=national/diplomacy
his file photo, released by Reuters, shows U.S. Trade Representative Jamieson Greer arriving for U.S. President Donald Trump's State of the Union address to a joint session of Congress at the U.S. Capitol in Washington on Feb. 24, 2026. (Yonhap)
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■ (2nd LD) Trump says 'we've won' in war with Iran
WASHINGTON -- U.S. President Donald Trump claimed Wednesday that "we've won" in the war against Iran after he said in a media interview that the ongoing conflict will end "soon" as there is "practically nothing left to target."
Trump made the remarks during a public event in Hebron, Kentucky, as the U.S. military operation, codenamed "Operation Epic Fury," entered its 12th day, seeking to destroy Iran's missile capabilities and its Navy, and sever any pathway to nuclear arms.
https://en.yna.co.kr/view/AEN20260311011652315?section=national/diplomacy
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■ (LEAD) PM set to visit U.S. for talks on U.N. hub, possible meeting with Vance
SEOUL -- Prime Minister Kim Min-seok is set to depart for the United States on Thursday to promote South Korea's bid to host a U.N. hub and meet with senior U.S. officials, possibly including Vice President JD Vance.
Kim's weeklong trip, which will also take him to Geneva, Switzerland, comes as the government is bidding to host the tentatively named "U.N. AI hub," an initiative aimed at bringing together U.N. bodies, and South Korea's private and public sectors to produce AI-based solutions to global issues.
https://en.yna.co.kr/view/AEN20260312001251315?section=national/politics
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■ National Assembly set to vote on bill on U.S. investment pledges
SEOUL -- The National Assembly is set to hold a plenary session Thursday to vote on a special bill on South Korea's US$350 billion investment pledge to the United States under a trade deal between the two nations after rival parties reached a bipartisan agreement earlier this week.
On Wednesday, the ruling Democratic Party (DP) and the main opposition People Power Party (PPP) approved the bill during a meeting of the parliamentary legislation and judiciary committee.
https://en.yna.co.kr/view/AEN20260312001600315?section=national/politics
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■ Finance chief promises full gov't support for businesses grappling with Middle East uncertainties
SEOUL -- The government will provide full support for businesses by using all available measures to counter heightened economic uncertainty stemming from the Middle East crisis, Finance Minister Koo Yun-cheol said Thursday.
"As the Middle East situation has continued for over two weeks, global economic uncertainty is higher than ever," Koo said at the inaugural meeting of a consultative body formed between the finance ministry and six major business lobby groups.
https://en.yna.co.kr/view/AEN20260312003800320?section=economy-finance/economy
graceoh@yna.co.kr
(END)
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