Shan Ahmed Khan

Korean small and medium-sized enterprises (SMEs) received a major boost on December 7, 2025, as a series of new partnerships were unveiled linking Seoul, New York and Korean‑American business networks across the United States. The Korea Federation of SMEs (KBIZ) confirmed it has signed a business agreement with the Greater New York Chamber of Commerce to support Korean SMEs’ entry into the New York metropolitan area, while U.S.-based KACCUSA (Korean American Chamber of Commerce USA) highlighted outcomes from its 2025 Business Summit held at KBIZ’s DMC Tower in Seoul.Maeil Business Newspaper+4미래를 보는 창 – 전자신문+4busan.com+4 Taken together, the announcements signal

President Donald Trump spent the past ten days escalating one of the boldest promises of his second term: that soaring tariff revenue will soon let Americans pay little — or even no federal income tax. He has floated the idea in a Thanksgiving call with troops, a December 2 Cabinet meeting, and subsequent media appearances, while also touting future $2,000 “tariff dividend” checks and the “largest tax refund season ever.” Fox Business+3Reuters+3CPA Practice Advisor+3 Economists, tax analysts — and now major corporations and the courts — are urgently asking a different question: Can tariffs really fund the U.S. government and