S. Korean markets tumble after Trump's tariffs amp up risk of trade war

Published on: 2025/02/03 17:00

S. Korean markets tumble after Trump's tariffs amp up risk of trade war
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And here in South Korea.

The local bourse responded sharply to news of Trump tariffs on U.S. trade partners.

The benchmark KOSPI surrendered 2-point-5 percent to close Monday's session at 2-thousand-4-hundred-53 while the tech-heavy Kosdaq sank 3-point-3 percent to settle at 7-hundred-3.

The Korean won also weakened against the U.S. dollar with the exchange rate ending at 1-thousand-4-hundred-67 won against the greenback.

Arirang news https://www.arirang.com/news/view?id=280313

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