The decision comes as South Korea remains one of the United States' leading sources of imported goods, exporting USD 132 billion worth of products to the US in 2024, according to Commerce Department data

India and the EU are set to announce the conclusion of their free trade agreement on Tuesday, after 18 years of talks. The pact may include duty cuts for India’s textiles and labour-intensive sectors, while the EU may receive reduced duties on cars and wines, along with services liberalisation