59% of South Korean Small to Medium Sized Businesses at Risk of Failure If Japanese Trade Restrictions are Not Lifted
This is going to be a lot of businesses going under in the next six months if the Japanese trade restrictions are not lifted:
The Korea Federation of Mid-sized and Small Manufacturers said Tuesday that 60 percent of medium and small-sized firms(SME) in South Korea affected by Japan’s export controls will not be able to endure the restrictions after six months.
The federation announced the results of a survey it held on 269 SMEs in the semiconductor sector following Tokyo’s export control announcement last week.
Fifty-nine percent of surveyed firms said they will only be able to withstand the export restrictions for a maximum of six months.
KBS World Radio
You can read more at the link, but it is pretty clear that the trade restrictions were carefully crafted to put massive pressure on the Moon administration in the short term to abide by past agreements resolving Imperial Japanese era abuses.
100% of Korean businesses at risk unless commie moon is removed from office.
Only Commie Moon and the Kronies will get out of this with wealth intact.