South Korea faces 18th-highest US tariff hike, GDP could fall by 0.6 pp
Seoul, Aug 28 (IANS) The United States’ reciprocal tariffs on South Korean imports represent the 18th-largest increase in import duties among the U.S.’ 50 major trading partners, and the measure could lower South Korea’s economic growth next year by up to 0.6 percentage point, the central bank said on Thursday. After months of negotiations, Seoul…