U.S. Could Surpass China This Year a South Korea’s Top Export Destination
This should be considered a good thing for South Korea as China has repeatedly shown they are willing to use economic retaliation to try and coerce policy changes where the U.S. has not:
South Korea’s exports to the United States exceeded those to China so far this year, data showed Monday, raising the possibility that the U.S. could be the top export destination for South Korea for the first time in 22 years.
Outbound shipments to the U.S. amounted to $53.3 billion from January through May 2024, compared with South Korea’s export value to China of $52.69 billion, according to the data from Statistics Korea and the Ministry of Trade, Industry and Energy.
If the current trend continues, the U.S. will be the No. 1 export destination for South Korea for the first time since 2002.
Yonhap
You can read more at the link.
Beiing really hates it when they lose face, even as innocuous as the article above…
BTW, it’s only difficult to find a job for people unwilling to get off their tailfeathers. Same as it ever was.