Seoul, June 22, 2025 (AFP) - South Korea counts on shipbuilding to ease US tariff woes

NAMPA / AFP

2025-06-22

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. Already hit by sector levies on steel and car exports, Seoul is laser-focused on negotiations over a 25 percent country-specific tariff that has been suspended until July 8. AFP takes a look at what's going on: In the 1970s, South Korea's military leader president Park Chung-hee......

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