SEOUL (Reuters) – South Korea acting President Choi Sang-mok on Tuesday said the government plans to roll out a record 360 trillion won ($249.3 billion) worth of trade policy financing to aid exporters facing intensifying headwinds from U.S. tariff policies.
“From now on, we will be making all-out efforts. The fortunes of each country will differ depending on how each responds to the trade war initiated by the U.S.,” Choi told a cabinet meeting.
($1 = 1,444.4100 won)
(Reporting by Cynthia Kim; Editing by Ed Davies)
