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Trump's tariffs hit South Korean exports, causing stock declines and economic worries.
South Korea's economy faces risks due to potential global trade wars sparked by U.S. tariff policies.
South Korean steel and auto stocks fell after President Trump announced new tariffs on steel and aluminum imports, harming exports and causing the KOSPI index to decline.
The Korea Development Institute notes concerns over declining exports, retail consumption, and small business delinquency rates.
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