The impact of American tariffs is evident, with South Korea's early September exports dropping nearly 11% year-on-year.
Wisdom Financial App learned that due to the impact of US tariffs, South Korea's exports in September plummeted significantly, which is a worrying signal for the South Korean economy that relies on trade. According to data released by the South Korean customs on Monday, the export value in the first 20 days of September, adjusted for differences in working days, fell by 10.6% year-on-year. In contrast, the export value for the entire month of August, adjusted for differences in working days, was revised to have increased by 6%.
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