South Korea seeks to insulate key industries from tariff wars

Published April 15, 2025 4:33pm ET



South Korea is working to secure and bolster its key domestic manufacturing industry to weather the storm of President Donald Trump’s tariff-based trade war.

Seoul is deploying a $23 billion support package to stabilize its semiconductor and pharmaceutical industries as the government seeks to negotiate a mutually beneficial arrangement during Trump’s 90-day pause on his tariff plan.

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