Tariffs on South Korean autos, pharma, to rise to 25%

U.S. President Donald Trump speaks at the 2025 Asia-Pacific Economic Cooperation (APEC) CEO Summit in Gyeongju, South Korea, October 29, 2025. Tyrone Siu | Reuters President Donald Trump said Monday that he was increasing tariffs on imported autos, pharmaceuticals, and lumber from South Korea from 15% to 25% because of a delay in that country’s…

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Nikkei 225, Hang Seng Index, Kospi, gold, Canada

People crossing the street in Shibuya, Tokyo. Maydays | Moment | Getty Images Asia-Pacific markets traded mixed Monday as investors assessed ongoing geopolitical concerns. On Sunday stateside, Canadian Prime Minister Mark Carney said that his country has no intention of pursuing a free trade agreement with China, after U.S. President Donald Trump threatened to impose…

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Gold surges past $5,000 to a fresh record

One kilogram gold bars stacked at the Perth Mint Refinery, operated by Gold Corp. Matt Jelonek | Bloomberg | Getty Images Gold climbed to a fresh all-time high, crossing $5,000 an ounce on Monday and extending its record-breaking run as investors seek the safety of the yellow metal amid rising geopolitical tensions and global fiscal…

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Videos of Minneapolis shooting undercut Trump admin claims

On Saturday, Alex Pretti, a 37-year-old intensive care unit nurse and U.S. citizen, was shot and killed by federal immigration agents in Minneapolis. There’s a wide gap between what Americans have seen of the shooting and what federal officials are telling them. Soon after the shooting, Department of Homeland Security officials rushed to defend the officers involved,…

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Minnesota CEOs call for deescalation

An undated handout image of Alex Pretti, who was fatally shot by U.S. immigration agents as they tried to detain him in Minneapolis, Minnesota, obtained by Reuters on Jan. 25, 2026. U.S. Department Of Veterans Affairs | Via Reuters Major Minnesota business leaders on Sunday called for an “immediate deescalation of tensions” after federal immigration…

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