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Trump Announces Additional Tariffs, Targeting BRICS-Supporting Nations… What Is South Korea's Strategy?
AI 3-line summary
- Former U.S. President Donald Trump announced on social media that he will impose an additional 10% tariff on countries that support BRICS policies.
- Trump made the announcement on Truth Social at the same time as the BRICS summit in Rio de Janeiro, Brazil, and the Chinese government criticized the use of tariffs as a tool of coercion, saying they benefit no one.
- The burden could be heavy for Korea, as semiconductor exports to the United States accounted for about 20% of the total in 2023, and the Ministry of Trade Negotiations is pursuing an exemption from tariffs on steel and automobiles.
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Read the full article (machine translation) → Original article (Korean): 트럼프 추가 관세 선언, BRICS 지지국 정조준…한국 정부의 전략은?
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