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flag South Korea cuts 2025 growth forecast to 0.8% due to global trade tensions and US tariffs.

flag South Korea's state think tank, the KDI, has halved its 2025 economic growth forecast to 0.8%, down from 1.6%, citing global trade tensions and US tariffs as key factors. flag The forecast also predicts a 0.4% decline in exports, a 4.2% drop in construction investment, and a slight rise in unemployment. flag The think tank attributes the pessimism to increased economic uncertainty and demographic shifts.

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