Govt. to monitor impact of US tariff hikes on some Chinese imports: finance minister
Finance Minister Choi Sang-mok said Tuesday the government will closely monitor the impact of Washington's recent decision to raise tariffs on some Chinese imports. The remark came as the United States announced last week its plans to raise tariffs on around $18 billion worth of imports from China, focusing on strategic sectors, such as solar cells, semiconductors and electric vehicles. "While South Korea has been posting an export growth for seven consecutive months, the uncertainties
May 21, 2024