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U.S. tariffs cause South Korean won to experience record volatility in April 2025.
The South Korean won saw record volatility in April 2025, with the exchange rate fluctuating by 67.6 won, its highest since 2024.
This surge was driven by U.S. President Donald Trump's decision to apply a 10 percent tariff on imports from South Korea and other countries, while pausing "reciprocal" tariffs.
The move increased economic uncertainty for South Korea's export-driven economy, impacting the won's strength and causing the stock market significant fluctuations.
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