South Korea’s Export Growth Amid US Tariff Uncertainty
6
1
BTCCSquare news:
South Korea’s exports ROSE 4.1% in early July, signaling resilience despite looming US tariff pressures. The customs office reported adjusted export growth, though the figure fell short of June’s 6.8% surge. Unadjusted exports declined 2.2%, while imports dropped 4.3%, leaving a $465 million trade surplus.
Seoul races to finalize a trade deal with Washington before August 1, when President Trump’s aggressive tariffs—including a deferred 25% levy—could take effect. Auto and steel sectors remain vulnerable, with semiconductors potentially next in line. Market Optimism clashes with protectionist headwinds.
By:
Previous
Chainlink LINK Surges Toward $25 as Institutional Demand Fuels Bullish Breakout
Next
Hedera HBAR Whale Holdings Jump 5% in 7 Days as Price Breakout Looms
