South Korea Bolsters Exporters Amid Trump's Trade Policy Shift
2025-01-20
MSN
As Donald Trump prepares for his presidency, South Korea has pledged a record amount of financing support for its exporters to cushion the potential blow from changes in US trade policies. This move aims to mitigate any negative impact on the country's economy. With the largest-ever export finance support, South Korea is set to boost its trade competitiveness and navigate the challenges of global trade uncertainty, including trade wars and tariffs. The country's export sector is a key driver of its economy, and this support is expected to help exporters stay afloat. Key strategies include export financing and trade insurance.
