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South Korea plans record $249 bln trade policy financing to aid exporters

ReutersFeb 18, 2025 2:20 AM

- South Korea acting President Choi Sang-mok on Tuesday said the government plans to roll out a record 360 trillion won ($249.3 billion) worth of trade policy financing to aid exporters facing intensifying headwinds from U.S. tariff policies.

"From now on, we will be making all-out efforts. The fortunes of each country will differ depending on how each responds to the trade war initiated by the U.S.," Choi told a cabinet meeting.

($1 = 1,444.4100 won)

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