🇰🇷 SOUTH KOREA RUSHES TO AVOID TARIFF SNAPBACK 🇺🇸
From June 22–27, Korea’s Trade Minister Yeo Han-koo heads to Washington for urgent trade talks with the U.S. ⚖️
With just weeks left before the Trump-era tariffs snap back, both nations are racing against time ⏳
🔻 Korea faces:
• 10% blanket tariff
• 25% country-specific duty
🛑 These were paused — but only until July 8
💬 Talks remain vague, as both sides lack fully staffed leadership
📉 Meanwhile, Korea’s economy contracted 0.1% in Q1 2025
🏦 Bank of Korea has already slashed rates 4 times in 6 meetings, now down to 2.5%
If no deal lands by July 8, exports may get crushed.
⚠️ Watch how this affects KRW, trade flows, and Korean crypto markets!
#SouthKorea #TradeTalks #Tariffs #BinanceSquare #MacroMoves #CryptoNews