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Korea to go all out to support exporters to mitigate Trump tariff effects

Summary by The Korea Times
The Korean government will help small and medium-sized exporters cope with U.S. tariffs by financing their countermeasures, such as consulting with U.S. law firms and diversifying suppliers of intermediary goods.

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The Korea TimesThe Korea Times

Korea to go all out to support exporters to mitigate Trump tariff effects

The Korean government will help small and medium-sized exporters cope with U.S. tariffs by financing their countermeasures, such as consulting with U.S. law firms and diversifying suppliers of intermediary goods.

·Korea, Republic of
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businesskorea.co.krbusinesskorea.co.kr

Korean Government Announces 366 Tril. Won in Trade Finance to Support Exporters

Acting President and Deputy Prime Minister Choi Sang-mok (center) presides over the Export Strategy Meeting at the Government Complex Seoul on Feb. 18. (Photo courtesy of the Ministry of Economy and Finance) In response to the rapidly changing trade environment, the Korean government has announced measures to protect export performance. The measures include providing trade finance of 366 trillion won, the largest amount ever, and offering variou…

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The Korea Times broke the news in Korea, Republic of on Tuesday, February 18, 2025.
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