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South Korea's Presidential Adviser says they cannot rule out the possibility of the US mentioning a tariff hike again because of future disagreement over investment

Newsquawk Staff ·

South Korea's Presidential Adviser says they cannot rule out the possibility of the US mentioning a tariff hike again because of future disagreement over investment.

What it means

The statement from South Korea’s Presidential Adviser signals rising tensions around U.S. trade policy, notably concerning potential tariff increases. This uncertainty could lead to volatility in markets sensitive to trade relations, particularly affecting Forex and commodities like gold and oil. Traders should watch for market reactions, especially in the USD and other currencies if signs of escalating trade conflicts emerge.

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