South Korea will prepare support measures for agricultural and food exporters, while closely monitoring the impact of U.S. tariffs on the sector, the finance ministry said on Thursday, Reuters reported. The United States is the biggest export market for the sector, with more growth potential expected from a boom in demand for South Korean foods, the ministry said in a statement after a meeting to review government responses to U.S. tariffs. South Korean officials travelled to Washington, D.C.

The giants of corporate America from Pfizer Inc. (PFE) to Alphabet Inc. (GOOG, GOOGL) are borrowing in euros like never before as the anxiety triggered by President Donald Trump’s tariff threats pushes them to hunt for alternative funding avenues in case their home market freezes up, Bloomberg News reported. A record number of these so-called reverse Yankee deals have been sold this year at a total value of more than €83 billion ($94 billion), up 35% on 2024, according to data compiled by Bloomberg. That’s nearly 14% of overall euro corporate issuance, the data shows.

The European Union is set to delay new, global rules governing banks' trading again as it waits for more clarity about the U.S. administration's plans to deregulate its financial sector, sources told Reuters. The Fundamental Review of the Trading Book (FRTB) is a key part the Basel III package devised in the wake of the global financial crisis but not yet implemented by Britain or the United States, two of the world's key financial centres.

Brazilian airline Gol said on Tuesday its restructuring plan under Chapter 11 bankruptcy proceedings has been approved by a U.S. court, Reuters reported. The Brazilian carrier, which has been in bankruptcy proceedings since early 2024, told Reuters it expects to exit chapter 11 in June. Read more.

The U.S. International Trade Commission determined on Tuesday that domestic solar panel makers were materially harmed or threatened by a flood of cheap imports from four Southeast Asian nations, bringing the United States a step closer to imposing stiff duties on those goods, Reuters reported. The "yes" vote by the three-member ITC means the Commerce Department will issue orders to enforce countervailing and anti-dumping tariffs on solar products imported from Malaysia, Thailand, Cambodia and Vietnam that the agency finalized last month.

Japan on Tuesday clarified its stance on U.S. tariffs, saying it wants all new levies put into place by the administration of President Donald Trump completely removed, confirming a hard-line position ahead of high-level negotiations that might be held later this week in Washington, the Japan Times reported. “As we have repeatedly stated, we find the series of U.S. tariff measures — including those on automobiles, auto parts, steel, aluminum, and reciprocal tariffs — extremely regrettable,” said Ryosei Akazawa, Japan’s chief tariff negotiator, at a news conference.

The European Union’s exports to the U.S. hit a record high in March as businesses stockpiled goods ahead of an expected rise in tariffs that was announced by President Trump in early April, the Wall Street Journal reported. The EU exported 59.5% more goods to the U.S. compared with the same month of the previous year, totaling 71.4 billion euros, or around $79.86 billion, statistics agency Eurostat said Friday. The EU’s trade surplus with the U.S., a key sticking point with Trump, swelled to 40.7 billion euros from 16.7 billion euros in March 2024.

The European Union wants a trade deal with the U.S. that sees a larger reduction in tariffs than negotiations with the U.K. and China have so far yielded, officials from the bloc said Thursday, the Wall Street Journal reported. President Trump imposed a series of tariffs that affect Europe’s makers of automobiles, steel and aluminum. On April 2, he announced a sharp rise in tariffs on all imports from Europe, but a week later reduced the increase to 10% for 90 days to allow for negotiations. Last week, the U.S. and the U.K.

Japan's economy shrank for the first time in a year and at a faster pace than expected, data for the March quarter showed on Friday, underscoring the fragile nature of its recovery now under threat from U.S. President Donald Trump's trade policies, Reuters reported. Real gross domestic product (GDP) contracted an annualised 0.7% in January-March, preliminary government data showed, much bigger than a median market forecast for a 0.2% drop.