Trump Announces Additional Tariffs, Targeting BRICS-Supporting Nations… What Is South Korea's Strategy?

Key points in 3 lines

1. Former U.S. President Donald Trump announced on social media that he will impose an additional 10% tariff on countries that support BRICS policies.
2. Trump made the announcement on Truth Social at the same time as the BRICS summit in Rio de Janeiro, Brazil, and the Chinese government criticized the use of tariffs as a tool of coercion, saying they benefit no one.
3. The burden could be heavy for Korea, as semiconductor exports to the United States accounted for about 20% of the total in 2023, and the Ministry of Trade Negotiations is pursuing an exemption from tariffs on steel and automobiles.

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