Market
South Korea's export growth rate increase in 2025 compared to 2024?
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Resolution / Starting Odds
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South Korea's official trade statistics
Story
South Korea Announces €240 Billion ($250 Billion) Record Support for Exporters Amid Trump Policy Concerns
Jan 20, 2025, 05:55 AM
South Korea is set to provide a record €240 billion ($250 billion) in financial support for exporters as the country prepares for the potential impact of Donald Trump's policies following his second inauguration. This unprecedented financing initiative aims to mitigate any adverse effects from changes in U.S. trade policies. The South Korean government is responding to concerns regarding possible tariffs and other trade barriers that may arise under Trump's administration. The announcement underscores the urgency for South Korean exporters to bolster their competitiveness in a shifting trade landscape.
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