[KOREAN ECONOMIC NEWS] Good morning, everyone. I’m Chi Yun In staff of Kamaindia Pvt. Ltd.
Here I have an important Korean economic news to share with you which is as undermentioned.
South Korea is bracing for the impact of the opening blows in the United States’ trade war with China, while playing down the possibilities of immediate setbacks.
Starting Friday at 1 p.m. Korean time, the US implemented 25 percent tariffs on $34 billion of Chinese trade. Immediately after the move, China vowed swift retaliation, calling the tariffs “typical trade bullying.”
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Have a nice day.