📱South Korea Fights Back: When Trade Wars Hit Your Electronics
Economy
National Security
Public Policy
Trump unveiled 25% tariffs on South Korea on April 2, 2025, displaying charts during announcement. South Korean corporations like Samsung and LG face additional challenges from 46% Vietnamese tariffs.
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Key Takeaways
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Why This Matters
Your Electronics:
Semiconductors and auto parts from Korea drive up costs for phones, computers, and cars you buy.
Your Economic Impact:
Citi estimated tariffs could shave 0.16% from Korea's GDP, putting economic growth at risk.
Your Trade Agreements:
Economists say tariffs "practically nullified the Korea-U.S. Free Trade Agreement" Congress approved.
Your Global Economics:
Korean officials traveled to Washington for emergency discussions after Trump prioritized trade talks.
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What percentage tariff did Trump impose on South Korean goods?
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What percentage tariff did Trump impose on Vietnam, affecting Korean companies with operations there?
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Constitutional Law
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According to Citi estimates, how much could the tariffs reduce South Korea's GDP growth?
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Government
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According to a finance ministry official, the 25% tariff rate takes precedence over what existing agreement?
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Constitutional Law
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Which Korean companies were specifically mentioned as having manufacturing bases in Vietnam?
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Public Policy
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According to a government official, why can't South Korea counter U.S. tariffs aggressively?
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Constitutional Law
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What was South Korea's target economic growth rate that the tariffs put at risk?
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Government
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The AIT company CEO compared South Korea's tariff situation to what metaphor?
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Public Policy
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The Constitutional Court was scheduled to rule on what regarding President Yoon Suk Yeol?
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What date did South Korean officials travel to Washington for technical discussions?
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Government
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Name the economist at Shinhan Bank who said the tariffs nullified the trade agreement.
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Constitutional Law
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What automotive group recently announced a $21 billion U.S. investment alongside Trump?
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