9min chapter

World Business Report cover image

South Korea: How are events affecting the economy?

World Business Report

CHAPTER

Trump's Trade Impact on India and South Korea

This chapter examines the influence of President Trump's policies on global trade, notably tariffs, and their implications for India and South Korea. It discusses India's transformation into a manufacturing hub as companies relocate from China, and how it seeks to enhance local production capabilities. Additionally, the chapter addresses South Korea's precarious position amid escalating U.S.-China tensions and the potential need for strategic economic choices.

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