ReferIndia News South Korea Strikes Crucial U.S. Tariff Deal

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South Korea Strikes Crucial U.S. Tariff Deal

Published on: Aug. 4, 2025, 8:21 a.m. | Source: Devdiscourse

South Korea's industry minister announced that a critical U.S. tariff deal was secured, averting the worst-case scenario. However, concerns linger regarding the impact of a 15% tariff rate on exporters' profitability, as discussed in a roundtable with business groups and academics.

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