South Korea's April Exports Rise Amid Strong Chip Demand

Reported about 16 hours ago

In April, South Korea saw an unexpected 3.7% rise in exports, primarily driven by strong semiconductor demand, despite facing challenges from U.S. tariffs. This marked the highest percentage gain in four months, exceeding forecasts of a contraction. While the U.S. imposed tariffs on certain imports, including vehicles and chips, South Korea's trade performance suggests resilience, although analysts remain cautious about future trends due to ongoing trade tensions and negotiations.

Source: YAHOO

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