South Korea kicked up its trade war with Japan by making it 3 times harder for companies to export goods there

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 51%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

Companies from South Korea selling 'strategic' goods to Japan will have to complete more paperwork and wait longer for approval to sell their goods.

Japan and South Korea are locked in a trade war that has escalated in recent months. South Korea's government on Tuesday formally dropped Japan from a list of preferred trading partners, and put it in a new category of downgraded countries. The downgrade means that South Korean companies selling certain goods deemed"strategically important" have to jump through more hoops to sell those goods to Japan. Japan had already downgraded South Korea's status as a trading partner,.

Japan and South Korea are locked in a trade war that has escalated in recent months. South Korea's government on Tuesday formally dropped Japan from a list of preferred trading partners, and put it in a new category of downgraded countries. The downgrade means that South Korean companies selling certain goods deemed"strategically important" have to jump through more hoops to sell those goods to Japan. Japan had already downgraded South Korea's status as a trading partner,.

Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 729. in SE
 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.

Moon is a North Korean lap dog

Trade wars between Japan and South Korea getting more intense. Why? Be good neighbors.

Sverige Senaste nytt, Sverige Rubriker