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South Korea's Q3 exports seen falling 3% on US tariff impact
short by / on Monday, 4 August, 2025
South Korea's exports are projected to decline by around 3% from a year earlier in the third quarter, as the United States' aggressive tariff scheme begins to affect global trade and industry, the state-run Export-Import Bank of Korea said on Monday. "The impact of U.S. tariffs is expected to become more pronounced in the second half," a bank official said.