South Korean president issues warning for his economy tied to U.S. trade deal: Reuters
CNBC Televisionยท2025-09-22 13:58
South Korea's president warning of potentially devastating effects ties to the country's trade deal with the US. Speaking with Reuters, the Korean president saying his country's economy could fall into crisis like the one it faced in 1997 if it were forced to take $350 billion and invest that amount of cash in the US without a currency swap. He said the US and Korea haven't formalized a trade deal reached in July because of disagreements over how Korean investments in the US will work.And I think one of the ...