Surprise Me!

Many international media outlets forecast Seoul-Tokyo trade tensions to persist

2019-08-13 3 Dailymotion

As South Korea retaliates against Tokyo by officially dropping Japan from its "whitelist" of countries with fast-track trade status,... a growing number of foreign media outlets are expressing concern.<br />They warn the situation has all the hallmarks of becoming a protracted grind of attrition between the two neighbors.<br />Kim Hyo-sun reports.<br /><br /><br />Following South Korea's decision to drop Japan from its fast-track trade "whitelist,"... many international media outlets forecast the trade row between the Asian neighbors is unlikely to be resolved any time soon.<br />The New York Times published an article Monday which explained that Seoul's move was anticipated when Japan removed South Korea from its own "whitelist."<br />The article titled, "South Korea Retaliates Against Japan in Trade and Diplomatic Rift,"... also stated the tit-for-tat measure shows the two countries will not back down despite President Trump's calls for improved relations.<br />Trump said last Friday that the two nations should sit down and get along with each other.<br />CNN reported Monday that Seoul has heightened the crisis that is already disrupting the global supply chain for large tech companies.<br />U.S.-based business news website, Business Insider, also said Monday that the decades-long tensions between the two Asian countries are now threatening to boil over.<br />It explained the tensions bubbled to the surface last year when the South Korean Supreme Court ordered certain Japanese companies to compensate South Korean wartime forced laborers.<br />Reuters also reported on Seoul's move,... describing it as a measure that deepens the diplomatic and trade row between the two countries.<br />Kim Hyo-sun, Arirang News.<br />

Buy Now on CodeCanyon