South Korea braces for new taxes on its US exports

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Asia Pacific

South Korea braces for new taxes on its US exports

South Korea is bracing for new taxes on its US exports after President Donald Trump announced sweeping tariffs on imports destined for the US. In particular, South Korean steel, aluminium and automobiles will likely be subject to Trump's tariff policies. Meanwhile, South Korea currently suffers from a leadership vacuum amid the impeachment trial of suspended President Yoon Suk-yeol, perhaps complicating Seoul's ability to strike a workable deal with the transactional American president. Frank Smith reports.