South Korea's Exports Remain Strong Amid Trump Tariff Concerns

Reported about 8 hours ago

South Korea's exports showed resilience in January, increasing by 7.7% year-on-year despite uncertainty from Donald Trump's tariff threats and ongoing domestic political unrest. Chip exports, a critical component of South Korea's economy, rose 8.1%, signaling sustained demand even as concerns linger about industry competition and trade policy shifts under Trump's new administration. The government is proactively engaging in discussions with the U.S. to mitigate potential trade impacts while navigating a slowing economy exacerbated by recent political turmoil.

Source: YAHOO

View details

You may also interested in these wikis

Back to all Wikis