South Korea's Finance Minister announces monitoring of US's increased tariffs on Chinese imports, focusing on strategic sectors like solar cells, semiconductors, and electric vehicles.

South Korea's Finance Minister, Choi Sang-mok, announces the government will monitor the effects of US's increased tariffs on Chinese imports, focusing on strategic sectors like solar cells, semiconductors, and electric vehicles. South Korea will assess the impact on its economy, develop tailored measures for affected businesses and maintain communication with local companies to ensure competitiveness.

May 21, 2024
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