US trade war fears weigh on markets as South Korea sounds alarm – business live

All the day’s economic and financial news, as anxiety over escalating trade tensions between China and Washington worry investors 8.27am BST The South Korean trade ministry is worried that demand for its ‘intermediary goods’ will be hurt, if America imposes tariffs on $200bn of Chinese goods.These are products which are assembled to create a final product (for example, memory chips and hard drives used to build a computer). As Chinese electronics, computers and communications equipment were included in the additional list of tariffs, Korean companies are worried their exports of...

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By: The Guardian - 3 days ago

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