[KOREAN ECONOMIC NEWS] Good morning, everyone. I’m Byeongyeon Yoo staff of Kamaindia Pvt. Ltd.
Here I have an important Korean economic news to share with you which is as undermentioned.tioned.
South Korea faces far more import restrictions frm the United States than any other country in a clear sign of growing American trade pressure on its ally, a trade body said Tuesday.
Asia's fourth-largest economy was subject to 196 import regulations frm the rest of the world as of Monday, with the US taking up the lion's share of 40 cases, according to the Korea International Trade Association.
Of the total American restrictions, 30 cases were anti-dumping investigations, with countervailing duties and safeguards coming to eight and two, respectively.
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