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South Korea counts on shipbuilding to ease US tariff woes
South Korea counts on shipbuilding to ease US tariff woes
Business and Economy
by  AFP

Asia's fourth largest economy South Korea is facing gruelling tariffs by US President Donald Trump, but its shipbuilding industry could prove a useful bargaining chip. Like the Europeans, the US shipbuilding industry has lagged behind South Korea and China, and as a result, the sector is seen as a "highly important bargaining chip in trade negotiations," he added.