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South Korea's exports grow despite PMI contraction, but face US tariff challenges.
South Korea's manufacturing PMI rose slightly to 48.3 in August, still indicating contraction.
Despite this, exports grew 1.3% year-over-year, reaching $58.4 billion, driven by strong demand for semiconductors and cars.
However, exports to the US dropped 12% due to higher tariffs.
The central bank warns that tariffs could further impact trade and business sentiment, potentially shrinking exports to the US.
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Las exportaciones de Corea del Sur crecen a pesar de la contracción del PMI, pero se enfrentan a desafíos arancelarios estadounidenses.