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The recent 25% tariffs on imported vehicles and parts, effective April 3, 2025, are projected to significantly raise costs for consumers and automakers alike. Analysts predict a structural shift in the automotive industry, with potential declines in vehicle sales and increased prices across the board. The tariffs are expected to affect both new and used car markets.
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The Democratic Party of Korea has threatened to impeach acting President Han Duck-soo if he does not appoint an opposition-backed justice to the Constitutional Court by Tuesday. This follows ongoing protests and political unrest stemming from the impeachment of President Yoon Suk-yeol, who faces a court ruling that could determine his political future.
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Canadian Prime Minister Mark Carney has emphasized the need for respectful trade discussions with the U.S. amid escalating tensions over tariffs. Following President Trump's remarks about Canada becoming the 51st state, Carney is preparing for early elections while addressing the impact of U.S. tariffs on Canadian industries.
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Tokyo's cherry blossom season officially commenced on March 24, 2025, with the Japan Meteorological Agency confirming the blooming of the Somei-Yoshino tree at Yasukuni Shrine. Full bloom is anticipated this weekend, although rain may disrupt outdoor viewing plans. The blossoms symbolize cultural significance in Japan, attracting both tourists and locals.
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As President Trump's 'Liberation Day' on April 2 approaches, U.S. markets are experiencing volatility amid uncertainty over upcoming tariffs. While some reports suggest more targeted tariffs than initially expected, concerns about consumer confidence and economic impact persist, leading to mixed reactions in stock performance across major indices.
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Former South Korean President Yoon Suk-yeol faces trial for rebellion after declaring martial law in December 2024. His actions led to his impeachment and removal from office earlier this month. If convicted, he could face life imprisonment or the death penalty. The trial is expected to last up to three years.
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India is bracing for significant tariffs from the US, set to take effect on April 2, 2025. The proposed tariffs could impact 87% of India's exports to the US, valued at $66 billion. India is negotiating to reduce tariffs on US imports but remains firm on certain goods.
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Chang Je-won, a former South Korean lawmaker and ally of impeached President Yoon Suk Yeol, was found dead in Seoul on April 1, 2025. His death follows allegations of sexual assault against him, which he had denied. A note was discovered at the scene, and police are investigating.
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As of April 3, 2025, the US has imposed significant tariffs on various trading partners, prompting strong reactions globally. The EU, Japan, and South Korea have expressed concerns, with calls for negotiations and countermeasures. Experts warn of dire economic consequences for consumers and businesses worldwide.
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The U.S. Department of Health and Human Services (HHS) is undergoing significant layoffs, cutting 10,000 jobs as part of a broader restructuring plan initiated by Health Secretary Robert F. Kennedy Jr. This move, which aims to streamline operations, has raised concerns about public health safety and the impact on ongoing health initiatives.
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A recent report by South Korea's Truth and Reconciliation Commission reveals systemic human rights violations in the country's foreign adoption program, which facilitated the adoption of around 200,000 children. The investigation highlights issues of coercion, falsified documents, and inadequate oversight, prompting calls for accountability and reform.
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Japan is intensifying its defense collaboration with the US amid rising security concerns from China and North Korea. Recent discussions highlight joint military capabilities, including missile production, as Tokyo seeks to bolster its national security strategy in response to regional threats.
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The final episodes of 'When Life Gives You Tangerines' aired recently, concluding the story of a Jeju Island family navigating life's challenges from the 1950s to the 1990s. The series, featuring IU and Park Bo-gum, has resonated with audiences, showcasing themes of sacrifice, love, and resilience.
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Severe wildfires in South Korea have resulted in at least 31 fatalities and extensive property damage. The fires, exacerbated by dry conditions and strong winds, have devastated the southeastern region, particularly Uiseong, where historic sites were also affected. Investigations are underway regarding the cause of the fires, believed to involve human error.
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On April 3, 2025, President Trump announced a significant tariff plan dubbed 'Liberation Day,' targeting multiple countries with rates as high as 34%. The plan aims to boost U.S. manufacturing but raises concerns about inflation and trade tensions. Key sectors, including oil and automobiles, could face price increases as a result of these tariffs.
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On April 10, 2025, global stock markets showed volatility following President Trump's recent tariff announcements. While Asian markets experienced gains due to a temporary reprieve from tariffs, concerns about escalating trade tensions with China remain. The S&P 500 saw significant fluctuations, reflecting investor anxiety over potential recession risks.
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Japan is preparing for the imposition of 25% tariffs on auto imports by the U.S., starting April 3, 2025. Prime Minister Shigeru Ishiba is willing to negotiate directly with President Trump to seek exemptions, as the tariffs threaten Japan's economy and major automakers like Toyota and Honda.
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On April 5, 2025, South Korea's Constitutional Court unanimously removed President Yoon Suk Yeol from office following his controversial martial law declaration in December. This ruling triggers a presidential election within 60 days, with opposition leader Lee Jae-myung emerging as the frontrunner amid ongoing political turmoil and public protests.
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Recent studies indicate that lower levels of bad cholesterol (LDL) may reduce the risk of dementia by 26%. Statins, commonly prescribed to lower cholesterol, also provide additional protective effects against dementia, including Alzheimer's disease. These findings highlight the importance of managing cholesterol levels for cognitive health.
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A recent study reveals that 15% of people in the UK experience daily stress, affecting eye health. Meanwhile, post-earthquake dizziness syndrome is reported in Thailand, with symptoms linked to anxiety. Additionally, cinnamon shows promise in alleviating migraine symptoms, according to research from South Korea.
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On April 3, 2025, President Trump imposed a 25% tariff on car imports, escalating trade tensions with Canada and Mexico. In response, both countries are considering retaliatory measures, raising fears of a global trade war that could significantly impact economies worldwide. Leaders from both nations have voiced strong opposition to the tariffs.
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On April 10, 2025, President Trump announced a 90-day pause on most tariffs while increasing duties on Chinese imports to 125%. This decision follows significant market declines, with Asian stock indices rebounding as investors react to the news. The pause aims to stabilize markets amid ongoing trade tensions with China.
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In the Netflix series 'When Life Gives You Tangerines,' IU and Park Bo-gum deliver powerful performances in a multigenerational tale of resilience. IU portrays two characters, showcasing her range, while Park reflects on the emotional depth of his role. The show has received acclaim for its storytelling and character development.
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On April 9, 2025, President Trump implemented sweeping tariffs on imports, including a 50% levy on China, escalating trade tensions. The tariffs, part of a broader strategy termed 'Liberation Day,' aim to address perceived unfair trade practices but have triggered retaliatory measures from affected nations, raising fears of a global trade war.
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On April 4, 2025, global markets experienced significant declines following President Trump's announcement of sweeping tariffs on imports from various countries, including a 10% levy on UK goods. Economists warn of potential recession and inflation spikes as nations consider retaliatory measures.
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Employee Resource Groups (ERGs) are gaining attention as companies navigate diversity and inclusion efforts. While they provide support and community for employees, critics argue they can create division. Recent EEOC guidance emphasizes inclusivity, prompting companies to reassess their ERG structures. This article explores the evolving landscape of ERGs in corporate America.
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On April 9, 2025, EU member states voted to impose retaliatory tariffs on approximately €21 billion of U.S. exports, following President Trump's recent tariff announcements. The move aims to counteract the economic impact of U.S. tariffs on steel and aluminum, with significant implications for global trade relations.
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On April 4, 2025, South Korea's Constitutional Court unanimously upheld the impeachment of President Yoon Suk-yeol for declaring martial law, which was deemed unconstitutional. This decision mandates a presidential election within 60 days, intensifying the political divide in the nation.
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On April 3, 2025, President Trump announced a new wave of tariffs on imports, starting at 10% for all nations, with higher rates for 60 countries deemed 'worst offenders.' Critics argue the tariff calculations are misleading and based on flawed data.
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Japan and NATO are enhancing their partnership, focusing on defense-industrial cooperation and information sharing. This follows NATO Secretary-General Mark Rutte's visit to Japan, aiming to address global security challenges and deepen ties with Indo-Pacific partners amid rising geopolitical tensions.
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On April 3, 2025, global markets reacted negatively to President Trump's announcement of new tariffs, particularly affecting UK exports. The FTSE 100 index fell by 1.2%, while gold prices surged. Concerns about inflation and potential interest rate cuts by the Bank of England emerged as key issues for investors.
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The Stock Exchange of Thailand has announced a ban on short selling for all securities, effective April 8, 2025, to stabilize the market amid rising volatility. The trading band for stock movements will also be narrowed, aiming to bolster investor confidence following recent economic challenges.
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South Korea's Prime Minister Han Duck-soo announced that the presidential election will be held on June 3, following the Constitutional Court's decision to impeach former President Yoon. The election must occur within 60 days of a presidential vacancy, with candidate registration starting immediately.
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The U.S. has imposed sweeping tariffs on imports, prompting global market turmoil and retaliatory measures from countries like China. Singapore's leaders express concern over the implications for their economy, as trade relations shift dramatically. The situation signals a potential end to rules-based globalization.
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Kim Shin-jo, a North Korean commando involved in a failed assassination attempt on South Korean President Park Chung-hee in 1968, has died at 82. His death was confirmed by his church in Seoul, citing old age. Kim later became a pastor and anti-communist lecturer in South Korea.
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On April 8, 2025, President Trump announced ongoing trade negotiations with South Korea while expressing optimism about potential deals with China. However, a senior trade representative indicated that a breakthrough with China is unlikely, as tensions rise over tariffs and retaliatory measures. The situation raises concerns about a looming recession.
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Lee Jae-myung, the frontrunner in South Korea's upcoming presidential election, officially declared his candidacy on April 10, 2025. Following the impeachment of former President Yoon Suk-yeol, Lee aims to address economic inequality and restore diplomatic relations while leading in polls with 34% support ahead of the June 3 election.
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Adm. Samuel Paparo, head of U.S. Indo-Pacific Command, testified that military support from China and North Korea to Russia poses a security risk in the Pacific. He highlighted China's significant contributions to Russia's military capabilities and North Korea's artillery support, raising concerns about regional stability and U.S. military presence in South Korea.
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March 28 - April 3, 2025 This photo gallery, curated by Deputy Director of Photography Special Projects Jacqueline Larma, highlights some of the most compelling images worldwide made or published by The Associated Press in the past week.
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On April 10, 2025, South Korea formalized diplomatic relations with Syria, marking a significant shift in regional dynamics. South Korean Foreign Minister Cho Tae-yul and Syrian Foreign Minister Asaad al-Shaibani signed a joint communique, aiming to enhance cooperation and support Syria's post-civil war recovery efforts.
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A recent Gallup Poll indicates that support for South Korean politician Lee has risen to 37%, following the impeachment of former President Yoon Suk Yeol. Lee's party, the Democratic Party, now holds 41% support, while the ruling People Power Party has dropped to 30%. This shift may influence upcoming elections.
