82% of Korean Business Owners Believe Trump Presidency Will Be Bad for Korean Economy
It appears Korean business owners are expecting the Trump administration to use tariffs on ROK exports if they are this concerned:
More than 8 out of 10 South Korean companies expect Donald Trump’s reelection as U.S. president will have a negative impact on the national economy, a survey showed Sunday.
In the annual survey on 239 companies with at least 30 employees on their management, 82 percent said the Korean economy will be negatively affected by the protectionist policy of the incoming second Trump administration as it has high dependence on exports, according to the Korea Enterprises Federation (KEF).
Only 7.5 percent answered the Korean economy will benefit from his reelection thanks to his China policy, expected to be aimed at curbing the growth of the world’s second-largest economy.
You can read more at the link.
He will put 100% tariffs on Korea for sure. He hates South Korea. He loves Kim Jong Un, as he has said so many times.
If they hit with tariffs, South Korea should do the same on American beef, agricultural goods, and services & financial goods – things that don’t appear on trade balance papers. Then cancel all the American boycotts of China, and let Korean companies do business freely with China again. Korea should also work with po’ed Europe, Mexico, Canada, Arabs, the BRICS, and others, to cooperate with them in continuing the free trade. Let the US isolate themselves.
Says more against the quality of news in Korea. Sounds like Chinese agitprop is stronger than the truth of what has really been proposed.
And especially with the chinabots echoing the bovine scatology, I am certain it is all false.
Oh look, a Maggot made a comment. I hope you’re getting ready for the roundup of your illegally brought wife and kids, and grand-kids. They’re all de-nationalized, and stripped of their citizenship then put into camps – all under your leader’s plans.
When you call the thin kid Fatty or a white person Honky, he just laughs at you.
Maggot falls into this category. It empowers rather than degrades.
On the other hand, when you call a chinabot a chinabot, the fun begins.