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South Korea unveils huge export finance support, citing Trump risks

World News

2025-01-20 | 00:27

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South Korea unveils huge export finance support, citing Trump risks

South Korea unveiled a $250 billion support package for its exporters Monday, citing the risk of possible tariffs by incoming U.S. president Donald Trump.

"External uncertainties, such as the inauguration of the new U.S. administration, pose concerns about potential adverse effects on the export front for businesses," said Kim Dong-joon, deputy director of the Ministry of Finance support division.

AFP

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