Financial news
Home
Knowledge Hub
South Korea plans record $249 billion trade policy financing to aid exporters
2025-02-18 11:57:06

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)