Reported about 15 hours ago
South Korea's exports in August grew by only 1.3%, below the expected 3.0%, due to a 12.0% decline in shipments to the U.S. attributed to new tariffs. This marks the steepest drop since May 2020, particularly affecting the automobile and machinery sectors, even as semiconductor exports flourished. The upcoming measures from the government aim to support exporters facing these tariff challenges.
Source: YAHOO