Seoul gets a 90-day reprieve, but faces lasting risks from broken trade rules and US unpredictability
After a day of global market panic, U.S. President Donald Trump abruptly paused his “reciprocal tariffs” on all countries except China, offering a temporary reprieve but leaving deeper structural instability unresolved.
The announcement followed a rapid escalation: Washington’s additional 50% tariff hike on Chinese goods had triggered a cascade of retaliation from China and the European Union (EU), sparking fears of a full-blown trade rupture and exposing South Korea’s limited ability to respond to external pressures.
After a day of global market panic, U.S. President Donald Trump abruptly paused his “reciprocal tariffs” on all countries except China, offering a temporary reprieve but leaving deeper structural instability unresolved.
The announcement followed a rapid escalation: Washington’s additional 50% tariff hike on Chinese goods had triggered a cascade of retaliation from China and the European Union (EU), sparking fears of a full-blown trade rupture and exposing South Korea’s limited ability to respond to external pressures.
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