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South Korea finance minister says US tariff shock reduced to some extent

ReutersApr 10, 2025 1:00 AM

- South Korea's Finance Minister Choi Sang-mok assessed on Thursday that the economic shock of U.S. reciprocal tariffs had been reduced to some extent for the time being.

U.S. President Donald Trump on Wednesday suspended higher reciprocal tariffs, including 25% duties on imports from South Korea, for 90 days, less than a day after they came into effect.

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