Japan-South Korea trade spat escalates | Business| Economy and finance news from a German perspective | DW | 17.07.2019
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Business

Japan-South Korea trade spat escalates

Discord over war-era labor compensation has snowballed into a rapidly escalating trade conflict between Japan and South Korea. Seoul said today it was moving to reduce its dependency on Japanese exports - and Japan may yet remove South Korea from its list of preferred trading partners. The dispute could hurt global supply chains. Allies, like the US, are concerned.

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