Reported about 9 hours ago
Economists suggest that South Korea's free trade agreement with the U.S. may help lessen the effects of reciprocal tariffs imposed by President Trump. Despite recent tariffs on steel and aluminium, the nearly eliminated tariff rates between the two nations mean that South Korea could experience limited negative impact, particularly on its exports. The country's markets have shown resilience amidst tariff concerns, with the benchmark KOSPI rising 1%. South Korea is preparing support measures for affected firms and is exploring ways to diversify its export markets.
Source: YAHOO