Finance minister says economic impact of U.S. tariffs reduced amid temporary pause

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Finance minister says economic impact of U.S. tariffs reduced amid temporary pause

Finance Minister Choi Sang-mok attends a meeting at the Government Complex Seoul in central Seoul on April 10. [NEWS1]

Finance Minister Choi Sang-mok attends a meeting at the Government Complex Seoul in central Seoul on April 10. [NEWS1]

 
Finance Minister Choi Sang-mok said on Thursday that the economic shock of U.S. reciprocal tariffs had been reduced to some extent for the time being.
 

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U.S. President Donald Trump suspended higher reciprocal tariffs, including the 25 percent duties on imports from Korea, for 90 days, less than a day after they came into effect.
 
 
 
 

 

REUTERS
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